According to the results of November 2024, the inflation rate in Ukraine exceeded the 10%mark, which became an important economic signal. In the monthly dimension, consumer prices increased by 1.9%, and in the annual - by 11.2%.
According to official data, since the beginning of the year, inflation reached 10.4%. The largest increase in the annual figure was observed in July 2023, when it was 11.3%.
- Food and drinks: In November, prices increased by 3.9%. Eggs went up the most - by 54.6%. A significant increase in prices is also recorded for vegetables, dairy products, butter, bread and pasta (13.7-1.5%).
- Alcohol and tobacco products: a rise in price was 1.3%, mainly due to rising prices for tobacco products (+2.0%).
- Health care: health prices increased by 0.6%, including outpatient services (+1.0%).
At the same time, a decrease in fruit prices (-1.5%) and sugar (-1.3%) were recorded. Prices for clothing and shoes (in total -2.2%), including shoes (-2.7%) and clothing (-1.7%) also decreased.
Experts note that the main factors of inflation pressure remain:
- Increase in energy prices and logistics costs.
- Fluctuations in the hryvnia.
- Seasonal factors related to the crop and demand for certain goods.
In general, annual inflation in November exceeded the index of October (9.7%), which indicates a gradual increase in inflation pressure at the end of the year.
Economists predict that inflation in Ukraine may exceed 12%by the end of the year, especially given the further rising prices in key sectors. At the same time, the Government and the National Bank continue to work to contain inflation pressure through monetary and regulatory measures.
