The CPI deflation in Ukraine has slowed down to 0.1% y/y in October compared to 0.5% y/y deflation seen in September, the State Statistics Service has announced. In m/m terms, consumer prices rose by 0.4%. Deflation of 0.2% was observed over the Jan-to-Oct.
Prices rose by 0.6% m/m for foods and soft drinks in October. The most significant increase was registered in prices for eggs and vegetables by 11.5% m/m and 7.2% m/m respectively. Prices for milk , butter, lard , milk products , cheese , sour cream , sugar grew by 2.2%-0.5% m/m. At the same time, fruit, sunflower oil, refined cereals, rice, pasta, meat and meat products, fish and fish products declined in price by 2.3%-0.2%. Prices for alcoholic beverages and tobacco increased by 0.5 % m/m.
In health care sector, prices rose by 0.4 % m/m, including hospital services-by 0.5 % m/m, pharmaceutical products - by 0.4 %, out-patient services - by 0.2 % The growth of prices (tariffs) for housing, water, electricity, gas and other fuels by 0.1 %, was primarily due to higher prices of liquefied petroleum gas (2.4%).
Deflation of 0.2% was observed in 2012; inflation of 4.6% in 2011 and 9.1% in 2010. The government forecasts inflation rate at 4.8% for 2013.
| CPI % y/y | January | Q1 | H1 | August | Jan-Aug | Sep | Jan-Sep | Oct | Jan-Oct |
| Consumer price indices | -0.2 | -0.5 | -0.5 | -0.4 | -0.4 | -0.5 | -0.4 | -0.1 | -0.4 |
| Food and non-alcoholic beverages | -2.2 | -2.7 | -2.5 | -2.6 | -2.4 | -2.6 | -2.4 | -1.8 | -2.4 |
| Food | -2.7 | -3.2 | -2.9 | -2.8 | -2.8 | -2.8 | -2.8 | -2.0 | -2.7 |
| Bread | 3.3 | 4.0 | 4.3 | 4.3 | 4.3 | 4.2 | 4.3 | 4.1 | 4.3 |
| Meat | 0.9 | 0.0 | -1.1 | -2.4 | -1.4 | -2.3 | -1.5 | -2.5 | -1.6 |
| Fish | -2.4 | -3.4 | -3.9 | -4.3 | -4.0 | -4.4 | -4.0 | -3.7 | -4.0 |
| Milk, cheese and eggs | -5.5 | -5.5 | -4.4 | 2.8 | -2.9 | 3.7 | -2.2 | 5.8 | -1.4 |
| Oil and fats | -0.4 | -0.4 | 0.0 | 0.3 | 0.1 | -0.3 | 0.1 | -0.9 | 0.0 |
| Fruit | -4.2 | -7.0 | -8.1 | -16.1 | -9.5 | -16.9 | -10.2 | -18.6 | -11.0 |
| Vegetables | -20.4 | -21.1 | -16.5 | -15.2 | -15.3 | -13.3 | -15.1 | -2.1 | -14.1 |
| Sugar | -16.6 | -16.9 | -14.4 | -7.2 | -11.9 | -9.2 | -11.6 | -6.6 | -11.1 |
| Alcoholic beverages, tobacco | 6.7 | 6.9 | 7.3 | 9.3 | 7.7 | 9.6 | 7.9 | 9.7 | 8.1 |
| Clothing and footwear | -2.4 | -2.5 | -2.6 | -3.3 | -2.7 | -3.5 | -2.8 | -3.5 | -2.9 |
| Housing, water, electricity, gas and other fuels | 0.6 | 0.2 | 0.3 | 0.3 | 0.3 | 0.2 | 0.3 | 0.2 | 0.3 |
| Transport | 3.6 | 3.3 | 2.0 | 2.3 | 2.1 | 2.0 | 2.1 | 2.0 | 2.1 |
| Purchase of vehicles | -0.3 | -0.1 | -0.2 | 0.2 | -0.1 | 1.2 | 0.0 | 2.0 | 0.2 |
| Fuels and lubricants | 6.4 | 5.4 | 1.7 | 0.3 | 1.3 | -1.0 | 1.1 | -1.9 | 0.8 |
| Passenger transport by railway | 0.9 | 2.7 | 3.0 | 8.4 | 3.9 | 7.7 | 4.3 | 13.5 | 5.2 |
| Passenger transport by road | 3.3 | 3.1 | 3.2 | 4.1 | 3.4 | 4.3 | 3.5 | 4.7 | 3.6 |
| Communication | 1.3 | 1.3 | 1.7 | 0.9 | 1.5 | 0.9 | 1.4 | 0.7 | 1.3 |
| Education | 4.1 | 3.9 | 3.9 | 3.9 | 3.9 | 2.4 | 3.7 | 2.3 | 3.6 |
| Miscellaneous goods and services | 2.4 | 2.2 | 2.0 | 1.9 | 2.0 | 2.0 | 2.0 | 1.9 | 2.0 |
| Source: State Statistics Service |
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