Inflation Ukraine 2020
Average inflation: 2.7%
Current Inflation
Inflation is normal at 2.7%, around the ECB target.
Peak and Trough
The highest inflation was in December at 5.0%. The lowest inflation was in May at 1.7%.
- Highest month
- December: 5.0%
- Lowest month
- May: 1.7%
- Difference
- 3.3 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Core inflation with an average of 3.2%. The lowest price increase was in Energy with an average of -2.9%.
- Highest increase
- Core inflation: 3.2%
- Lowest increase
- Energy: -2.9%
Historical Context
Current inflation is 7.5% lower than the 5-year average of 10.2%.
- 5-year average
- 10.2%
- 10-year average
- 12%
- All-time high (2015)
- 48.5%
- All-time low (2013)
- -0.2%
Trend
Inflation shows a downward trend. Compared to 2019, inflation has fallen by +5.2 percentage point.
- Change vs. previous year
- -5.2 percentage points
- Largest monthly swing
- May: -7.9 percentage points
ECB Target
Inflation is 0.7% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €102.70 next year at this inflation rate.
Multi-year trend
Monthly figures 2020
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2019 |
|---|---|---|
| January | 3.2% | -6.0 |
| February | 2.4% | -6.4 |
| March | 2.3% | -6.3 |
| April | 2.1% | -6.7 |
| May | 1.7% | -7.9 |
| June | 2.4% | -6.6 |
| July | 2.4% | -6.7 |
| August | 2.5% | -6.3 |
| September | 2.3% | -5.2 |
| October | 2.6% | -3.9 |
| November | 3.9% | -1.2 |
| December | 5.0% | +0.9 |
| Average | 2.7% |
Data source
Data from WorldBank. Last updated: 06/01/2026.