Inflation in Ukraine has fallen below 15%.

The supply of food, the strengthening of the hryvnia on the cash foreign exchange market, and an improvement in expectations have all contributed to the slowing of the inflation rate. According to the NBU’s estimates, these factors lowered inflation in June, which outweighed the effects of an increase in electricity tariffs.

According to the published schedule, annual inflation fell below 15%. In the future, the price of food products will increase more slowly due to the easing of pricing pressure from  raw material and fuel and the restoration of production and logistics chains.

Fuel prices continued to decline in June due to the availability of significant reserves and lower global oil prices. The sharp slowdown in the growth of prices for alcoholic beverages is due to moderate demand and improvement in exchange rate expectations against the effect of the comparison base.

On the other hand, electricity tariffs for households were increased in June, somewhat more than the NBU expected, which, however, “did not prevent a further decrease in inflation”, experts noted.