Inflation Ukraine 2025

Average inflation: 13.6%

Current Inflation

Inflation is very high at 13.6%, far above the ECB target.

Peak and Trough

The highest inflation was in March at 14.6%. The lowest inflation was in January at 12.9%.

Highest month
March: 14.6%
Lowest month
January: 12.9%
Difference
1.7 percentage points
Months with data
3 of 12

Category Insights

The highest price increase was in Energy with an average of 19.6%. The lowest price increase was in Core inflation with an average of 3.9%.

Highest increase
Energy: 19.6%
Lowest increase
Core inflation: 3.9%

Historical Context

Current inflation is 1.0% higher than the 5-year average of 12.6%.

5-year average
12.6%
10-year average
11.4%
All-time high (2015)
48.5%
All-time low (2013)
-0.2%

Trend

Inflation has remained relatively stable. Compared to 2024, the difference is minimal (+7.1 percentage point).

Change vs. previous year
+7.1 percentage points
Largest monthly swing
March: +11.4 percentage points

ECB Target

Inflation is 11.6% 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 €113.60 next year at this inflation rate.

Multi-year trend

Monthly figures 2025

Inflation by category

Food
15.6%
+2.0vs avg.
More details →
Energy
19.6%
+6.0vs avg.
More details →
Core inflation
3.9%
-9.7vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2024
January 12.9% +8.2
February 13.4% +9.1
March 14.6% +11.4
Average 13.6%

Data source

Data from WorldBank. Last updated: 06/01/2026.Not all months available yet.

See also