Annual inflation in Ukraine slowed to 8.2% in May — State Statistics Service
In May 2026, inflation in Ukraine slowed to 8.2% year-over-year. Compared to April, consumer prices rose by 0.9%.
Core inflation in May stood at 0.7% month-on-month and 7.9% year-on-year.
Food and non-alcoholic beverages had the greatest impact on price growth, rising by 1.2%. Fruit prices rose the most—by 11.1%.
Prices also rose for grain products, bread, sunflower oil, pasta, fish and fish products, non-alcoholic beverages, beef, and sugar.
At the same time, a number of products became cheaper. In particular, egg prices fell by 15.3%. Vegetables, milk, pork, butter, and lard also became cheaper.
Alcoholic beverages and tobacco products rose in price by 1.9% over the month. Specifically, prices for tobacco products increased by 2.1%, and for alcohol by 1.6%.
Clothing and footwear became 1.8% cheaper. Prices for footwear fell by 2%, and for clothing by 1.6%.
In the transportation sector, prices rose by 0.7%, primarily due to a 2.7% increase in passenger car fares, as well as a 0.6% rise in fuel and lubricants.
Source: State Statistics Service of Ukraine.
As a reminder, in March, inflation in Ukraine exceeded the National Bank’s forecast, with the main cause being a sharp rise in fuel and energy prices on global markets. This led to an increase in business costs, which was reflected in the prices of transportation, services, and some products.
In March 2026, annual inflation in Poland stood at 3%. One of the key reasons for the rise in prices was the increase in energy costs amid the situation in the Middle East.
