В Украине существенно подорожали некоторые продукты / фото УНИАН, Вячеслав Ратинский

Consumer inflation in Ukraine accelerated to 11.2% year-on-year in November. According to the State Statistics Service, inflation in the consumer market in November 2024 compared to October was 1.9%, and since the beginning of the year, it has reached 10.4%.

In the consumer market, prices for food products and non-alcoholic beverages rose by 3.9% compared to the previous month. The most significant increase was seen in egg prices, which surged by 54.6%. Prices for vegetables, milk and dairy products, butter, sunflower oil, processed grain products, bread, non-alcoholic beverages, pasta, fish, and fish products increased by 13.7% to 1.5%. Meanwhile, fruit and sugar prices dropped by 1.5% and 1.3%, respectively.

Prices for alcoholic beverages and tobacco products increased by 1.3%, largely due to a 2% rise in tobacco product prices.

Clothing and footwear became cheaper over the month by 2.2%. Specifically, footwear prices fell by 2.7%, while clothing prices decreased by 1.7%.

However, compared to November last year, food prices overall rose by 14.3%. Vegetables saw the highest increase at 62.9%, with significant price hikes for oil and eggs at 30.7% and 30.6%, respectively.

Fruit prices increased by almost a quarter (24.7%). Milk prices rose by 16.6%, and bread prices increased by 15.8%.

Only sugar has decreased in price over the past year, with a decline of 3.6%. Alcoholic beverages and tobacco products became 11% more expensive over the year.

As for services, prices for healthcare, education, and hotel and restaurant services increased by more than 12%. Additionally, communication services rose by 4.7%.

Inflation in Ukraine – Latest News

Compared to last year, the average salary of Ukrainians has increased by 4,000 hryvnias, or 22.3%, reaching 21,946 hryvnias. However, nearly half of this increase is offset by inflation, as noted by economist Vladimir Landa from the Center for Economic Strategy (CES).

According to forecasts by the international agency Fitch Ratings, inflation in Ukraine in 2025 will average 9.3%. The rapid growth of wages amid a labor shortage and a mismatch of professional skills may sustain price pressure from domestic demand, analysts remarked.