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Ukraine Inflation Rate MoM

Ukraine's Month-over-Month inflation rate increased to 0.3% in September 2025. This follows a -0.2% rate in August 2025. The September increase is the highest monthly rise in three months. Price increases in clothing and footwear by 8.2% and education by 12.4% drove this uptick. Some food items including bread and butter, also saw price rises. However, food and non-alcoholic beverages overall declined by 0.8%. Core inflation accelerated to 1.3% month-over-month in September, indicating underlying inflationary pressures. Ukraine's record low Inflation Rate MoM was -1.4% in August 2023 and record high was 14% in April 2015.

Monthly Historical Data (2015-2025)

(in %)
Month Inflation Rate MoM
Sep 2025 0.3%
Aug 2025 -0.2%
Jul 2025 -0.2%
Jun 2025 0.8%
May 2025 1.3%
Apr 2025 0.7%
Mar 2025 1.5%
Feb 2025 0.8%
Jan 2025 1.2%
Dec 2024 1.4%
Nov 2024 1.9%
Oct 2024 1.8%
Sep 2024 1.5%
Aug 2024 0.6%
Jul 2024 0%
Jun 2024 2.2%
May 2024 0.6%
Apr 2024 0.2%
Mar 2024 0.5%
Feb 2024 0.3%
Jan 2024 0.4%
Dec 2023 0.7%
Nov 2023 0.5%
Oct 2023 0.8%
Sep 2023 0.5%
Aug 2023 -1.4%
Jul 2023 -0.6%
Jun 2023 0.8%
May 2023 0.5%
Apr 2023 0.2%
Mar 2023 1.5%
Feb 2023 0.7%
Jan 2023 0.8%
Dec 2022 0.7%
Nov 2022 0.7%
Oct 2022 2.5%
Sep 2022 1.9%
Aug 2022 1.1%
Jul 2022 0.7%
Jun 2022 3.1%
May 2022 2.7%
Apr 2022 3.1%
Mar 2022 4.5%
Feb 2022 1.6%
Jan 2022 1.3%
Dec 2021 0.6%
Nov 2021 0.8%
Oct 2021 0.9%
Sep 2021 1.2%
Aug 2021 -0.2%
Jul 2021 0.1%
Jun 2021 0.2%
May 2021 1.3%
Apr 2021 0.7%
Mar 2021 1.7%
Feb 2021 1%
Jan 2021 1.3%
Dec 2020 0.9%
Nov 2020 1.3%
Oct 2020 1%
Sep 2020 0.5%
Aug 2020 -0.2%
Jul 2020 -0.6%
Jun 2020 0.2%
May 2020 0.3%
Apr 2020 0.8%
Mar 2020 0.8%
Feb 2020 -0.3%
Jan 2020 0.2%
Dec 2019 -0.2%
Nov 2019 0.1%
Oct 2019 0.7%
Sep 2019 0.7%
Aug 2019 -0.3%
Jul 2019 -0.6%
Jun 2019 -0.5%
May 2019 0.7%
Apr 2019 1%
Mar 2019 0.9%
Feb 2019 0.5%
Jan 2019 1%
Dec 2018 0.8%
Nov 2018 1.4%
Oct 2018 1.7%
Sep 2018 1.9%
Aug 2018 0%
Jul 2018 -0.7%
Jun 2018 0%
May 2018 0%
Apr 2018 0.8%
Mar 2018 1.1%
Feb 2018 0.9%
Jan 2018 1.5%
Dec 2017 1%
Nov 2017 0.9%
Oct 2017 1.2%
Sep 2017 2%
Aug 2017 -0.1%
Jul 2017 0.2%
Jun 2017 1.6%
May 2017 1.3%
Apr 2017 0.9%
Mar 2017 1.8%
Feb 2017 1%
Jan 2017 1.1%
Dec 2016 0.9%
Nov 2016 1.8%
Oct 2016 2.8%
Sep 2016 1.8%
Aug 2016 -0.3%
Jul 2016 -0.1%
Jun 2016 -0.2%
May 2016 0.1%
Apr 2016 3.5%
Mar 2016 1%
Feb 2016 -0.4%
Jan 2016 0.9%
Dec 2015 0.7%
Nov 2015 2%
Oct 2015 -1.3%
Sep 2015 2.3%
Aug 2015 -0.8%
Jul 2015 -1%
Jun 2015 0.4%
May 2015 2.2%
Apr 2015 14%
Mar 2015 10.8%

Recent Events

datetime event actual previous consensus
2025-10-09 09:00 AM Inflation Rate MoM (Sep) 0.3% -0.2% -
2025-09-09 09:00 AM Inflation Rate MoM (Aug) -0.2% -0.2% -

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Ukraine Inflation Rate MoM : Definition
Ukraine's inflation rate mom measures the percentage change in the Consumer Price Index (CPI) from the previous month. It is calculated as ((Current Month CPI / Previous Month CPI) - 1) * 100 reflecting the change in the cost of a basket of goods and services for Ukrainian consumers. Key components include food, housing and transportation.