Inflation Ukraine 2017
Average inflation: 14.4%
Current Inflation
Inflation is very high at 14.4%, far above the ECB target.
Peak and Trough
The highest inflation was in September at 16.4%. The lowest inflation was in April at 12.2%.
- Highest month
- September: 16.4%
- Lowest month
- April: 12.2%
- Difference
- 4.2 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 28.3%. The lowest price increase was in Core inflation with an average of 4.6%.
- Highest increase
- Energy: 28.3%
- Lowest increase
- Core inflation: 4.6%
Historical Context
Current inflation is 3.5% lower than the 5-year average of 17.9%.
- 5-year average
- 17.9%
- 10-year average
- 14.9%
- All-time high (2015)
- 48.5%
- All-time low (2013)
- -0.2%
Trend
Inflation shows a downward trend. Compared to 2016, inflation has fallen by +0.5 percentage point.
- Change vs. previous year
- -0.5 percentage points
- Largest monthly swing
- January: -27.7 percentage points
ECB Target
Inflation is 12.4% 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 €114.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2017
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2016 |
|---|---|---|
| January | 12.6% | -27.7 |
| February | 14.2% | -18.4 |
| March | 15.1% | -5.9 |
| April | 12.2% | +2.5 |
| May | 13.5% | +6.0 |
| June | 15.6% | +8.8 |
| July | 15.9% | +8.0 |
| August | 16.1% | +7.6 |
| September | 16.4% | +8.5 |
| October | 14.6% | +2.2 |
| November | 13.5% | +1.4 |
| December | 13.7% | +1.3 |
| Average | 14.4% |
Data source
Data from WorldBank. Last updated: 06/01/2026.