Inflation Ukraine 2016
Average inflation: 14.9%
Current Inflation
Inflation is very high at 14.9%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 40.3%. The lowest inflation was in June at 6.8%.
- Highest month
- January: 40.3%
- Lowest month
- June: 6.8%
- Difference
- 33.5 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 44.5%. The lowest price increase was in Core inflation with an average of 5.6%.
- Highest increase
- Energy: 44.5%
- Lowest increase
- Core inflation: 5.6%
Historical Context
Current inflation is around the 5-year average of 15.2%.
- 5-year average
- 15.2%
- 10-year average
- 14.7%
- All-time high (2015)
- 48.5%
- All-time low (2013)
- -0.2%
Trend
Inflation shows an upward trend. Compared to 2015, inflation has risen by -33.6 percentage point.
- Change vs. previous year
- -33.6 percentage points
- Largest monthly swing
- April: -51.2 percentage points
ECB Target
Inflation is 12.9% 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 €114.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2016
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2015 |
|---|---|---|
| January | 40.3% | +11.9 |
| February | 32.6% | -1.9 |
| March | 21.0% | -24.8 |
| April | 9.7% | -51.2 |
| May | 7.5% | -51.0 |
| June | 6.8% | -50.7 |
| July | 7.9% | -47.3 |
| August | 8.5% | -44.3 |
| September | 7.9% | -44.1 |
| October | 12.4% | -34.0 |
| November | 12.1% | -34.6 |
| December | 12.4% | -31.0 |
| Average | 14.9% |
Data source
Data from WorldBank. Last updated: 06/01/2026.