Inflation2021

Monday, January 31

In 2021, inflation in Ukraine was 10%.

In 2021, inflation in Ukraine was 10%. According to the National Bank of Ukraine (NBU), consumer inflation in 2021 was 10%. The 5% ± 1 percentage point target was exceeded much more significantly than was expected a year ago. The NBU noted...

Tuesday, January 11

Inflation in December was 0.6%.

Inflation in December was 0.6%. In December 2021, consumer prices in Ukraine increased by 0.6% compared to the month before, as against December 2020 which was- by 10.0%, reported ukrstat.gov. In 2021, compared to 2020, consumer inf...

Monday, October 11

Inflation in Ukraine accelerated to 11% in September reported open4business. The year-over-year growth of consumer prices in Ukraine in September 2021 increased to 11% from 10.2% in August 2021. According to the Statistic Service of Ukraine, after defla...

Monday, September 6

Finance Minister expects to keep inflation within 10%. Serhiy Marchenko believes will be possible to keep inflation within 10%. According to the State Statistics Service, inflation in July 2021 increased to 10.2% in annual terms, while in June this figure...

Tuesday, August 17

Inflation rising to 10%, the prime interest rate rising to 8% and last spring’s coronavirus lockdown were among reasons cited for a lackluster recovery from 2020. The National Bank of Ukraine predicts that growth will be 3.8% this year. But last week, the bank warned at the spread of the delta varian...

Friday, April 16

The Central Bank revised its 2020 inflation forecast to 8%, from 7%. After inflation hit 8.5% yoy last month, the National Bank of Ukraine now predicts that inflation will peak at 9.6% in the third quarter. It will recede steadily, hitting 5% for 2021, the bank has pre...

Monday, April 12

Ukraine’s March inflation íncreased to 8.5% yoy, setting the stage for an interest rate hike this Thursday at the scheduled meeting of the National Bank of Ukraine’s Monetary Policy Board. According to the State Statistics Service inflation has climbed steadily recording these rates: December – 5%; January...

Wednesday, April 7

Ukraine’s annual inflation will reach a 1.5-year high of 8% in March 2021, exceeding the Central Bank’s forecast of 7.6%, said a monthly Reuters poll of Ukrainian analysts. Analysts said consumer prices rose due to inflation imported from world commodity markets, notab...

Wednesday, March 10

The Cabinet of Ministers last night banned travel on buses and trains to and from four regions listed as ‘red zones’ for coronavirus infections: Chernivtsi, Ivano-Frankivsk, Zakarpattia and Zhytomyr.

The Cabinet of Ministers last night banned travel on buses and trains to and from four regions listed as ‘red zones’ for coronavirus infections: Chernivtsi, Ivano-Frankivsk, Zakarpattia and Zhytomyr. The Cabinet of Ministers last night banned travel on buses and trains to and from four regions listed as ‘red zones’ for coronavirus infections: Chernivtsi, Ivano-Frankivsk, Zakarpattia and Zhytomyr. ...

Stepanov yesterday berated the vaccination program he leads.

Stepanov yesterday berated the vaccination program he leads. Stepanov yesterday berated the vaccination program he leads. In the two weeks since 500,000 vaccines arrived from India, 20,000 people have been vaccinated and 190,000 are on waiting lists. “I’m not s...

The Health Ministry yesterday approved the use in Ukraine, Sinovac, the Chinese manufactured COVID-19 vaccine.

The Health Ministry yesterday approved the use in Ukraine, Sinovac, the Chinese manufactured COVID-19 vaccine. The Health Ministry yesterday approved the use in Ukraine, Sinovac, the Chinese manufactured COVID-19 vaccine. Next week, 1.9 million doses are due to arrive in Ukraine.

Inflation spiked up to 7.5% yoy in February, a jump from the 6.1% yoy increase in January

Inflation spiked up to 7.5% yoy in February, a jump from the 6.1% yoy increase in January Inflation spiked up to 7.5% yoy in February, a jump from the 6.1% yoy increase in January, reported the State Statistics Service. Last month, the biggest factor was a 45% yoy increase in price of natu...

Adamant Capital last night wrote of the inflation spike:

Adamant Capital last night wrote of the inflation spike: “One of the reasons for this may be the sharp YoY increase in the money supply. Despite the fact that the NBU has already increased the key rate by 50bps to 6.5%, we expect the CPI to accelerate furth...

The Finance Ministry managed to keep lowering rates for short term government bonds at yesterday’s weekly auction

The Finance Ministry managed to keep lowering rates for short term government bonds at yesterday’s weekly auction The Finance Ministry managed to keep lowering rates for short term government bonds at yesterday’s weekly auction, the Ministry reported on Facebook. The all-hryvnia auction yielded the equivalent of ...

The Rada will soon vote on the final passage of the “Google” tax – a tax that would impose a 20% VAT tax on provision of Internet services by foreign companies to residents of Ukraine

The Rada will soon vote on the final passage of the “Google” tax – a tax that would impose a 20% VAT tax on provision of Internet services by foreign companies to residents of Ukraine The Rada will soon vote on the final passage of the “Google” tax – a tax that would impose a 20% VAT tax on provision of Internet services by foreign companies to residents of Ukraine. The law, which ...

Services that would be taxed include:

Services that would be taxed include: Services that would be taxed include: sale of images or texts, e-books; sale of audio, video, games, gambling; providing paid access to electronic resources; provision of cloud technologies for data p...

Last week’s US entry ban on Ihor Kolomoisky and his immediate family “is the beginning,”

Last week’s US entry ban on Ihor Kolomoisky and his immediate family “is the beginning,” Last week’s US entry ban on Ihor Kolomoisky and his immediate family “is the beginning,” Iuliia Mendel, spokeswoman for President Zelenskiy, said in an interview posted yesterday on the YouTube channe...

German Chancellor Angela Merkel will address the fourth Ukrainian-German Economic Forum

German Chancellor Angela Merkel will address the fourth Ukrainian-German Economic Forum German Chancellor Angela Merkel will address the fourth Ukrainian-German Economic Forum, an investment and trade conference that will take place on line on Friday, March 19. According to Ukraine’s Emb...

Kyiv plans to receive 5 to 7 container trains a month from China this year, which is double last year’s rate, reported Ukrzaliznytsia.

Kyiv plans to receive 5 to 7 container trains a month from China this year, which is double last year’s rate, reported Ukrzaliznytsia. Kyiv plans to receive 5 to 7 container trains a month from China this year, which is double last year’s rate, reported Ukrzaliznytsia. The trains take about 15 days to travel from China and are unload...

Poland’s PCC Intermodal S.A. plans to triple container trains between Poland and Ukraine, to three per week this year

Poland’s PCC Intermodal S.A. plans to triple container trains between Poland and Ukraine, to three per week this year Poland’s PCC Intermodal S.A. plans to triple container trains between Poland and Ukraine, to three per week this year, according to the company’s website. Starting last year, the company picks up and ...

Ukraine should invest in achieving universal fluency in English among young people,

Ukraine should invest in achieving universal fluency in English among young people, Ukraine should invest in achieving universal fluency in English among young people, Oleksiy Danilov, secretary of the National Security and Defense Council, said yesterday at a “Ukraine 30” forum on c...

The sale of Ukrposhta’s iconic postwar headquarters at 22 Kreschatyk Street, Kyiv will take two years

The sale of Ukrposhta’s iconic postwar headquarters at 22 Kreschatyk Street, Kyiv will take two years The sale of Ukrposhta’s iconic postwar headquarters at 22 Kreschatyk Street, Kyiv will take two years, Ihor Smilyanskyi, director of the state postal system, said in a video. With Kyiv’s commercial re...

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