State Statistics Service: Food prices are falling in Ukraine

Information and Communication Department of the Secretariat of the CMU, posted 09 August 2018 17:40

The prices of food products continue to decline. According to the data provided by the State Statistics Service of Ukraine food prices dropped in July by 1.9 % over June. Prices for vegetables, fruits  and eggs fell most of all (by 12.4- 7.6%). Prices for milk, dairy products, lard and pork also reduced. There is a seasonal price increase for cereal products, including bread and pasta, and some cereals by 0.7-1.9%

In general, consumer prices in July dropped by 0.7%. Base inflation since the beginning of the year amounts to 3.4%, prices rose by 8.9% compared to July 2017.