Inflation Ukraine 2011

Average inflation: 8.0%

Current Inflation

Inflation is very high at 8.0%, far above the ECB target.

Peak and Trough

The highest inflation was in June at 11.8%. The lowest inflation was in December at 4.6%.

Highest month
June: 11.8%
Lowest month
December: 4.6%
Difference
7.2 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Energy with an average of 17.3%. The lowest price increase was in Food with an average of 6.5%.

Highest increase
Energy: 17.3%
Lowest increase
Food: 6.5%

Historical Context

Current inflation is 6.3% lower than the 5-year average of 14.3%. This approaches the lowest level since records began (8.0% in 2011).

5-year average
14.3%
10-year average
13.4%
All-time high (2008)
25.3%
All-time low (2011)
8%

Trend

Inflation shows a downward trend. Compared to 2010, inflation has fallen by +1.4 percentage point.

Change vs. previous year
-1.4 percentage points
Largest monthly swing
June: +4.9 percentage points

ECB Target

Inflation is 6.0% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.

What you could buy for €100 this year will cost approximately €108.00 next year at this inflation rate.

Multi-year trend

Monthly figures 2011

Inflation by category

Food
6.5%
-1.5vs avg.
More details →
Energy
17.3%
+9.3vs avg.
More details →
Core inflation
17.2%
+9.2vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2010
January 8.3% -2.8
February 7.2% -4.4
March 7.7% -3.3
April 9.4% -0.3
May 10.9% +2.3
June 11.8% +4.9
July 10.7% +3.9
August 8.9% +0.6
September 5.9% -4.5
October 5.4% -4.6
November 5.2% -4.1
December 4.6% -4.5
Average 8.0%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also