In June 2026, inflation in Ukraine slowed to 7.2% year-on-year, and on a monthly basis, consumer prices even decreased by 0.1%.
These figures were released by the National Bank of Ukraine, noting that the overall indicators fully corresponded to the regulator’s April forecast.
Raw food products helped to contain price growth – they became cheaper by 0.2% year-on-year. Pork prices fell due to cheaper imports caused by overproduction in the EU, while chicken and eggs became cheaper due to the expansion of domestic production. Vegetables and fruits traditionally became cheaper thanks to the seasonal increase in supply and the start of sales from summer greenhouses. The increase in fuel prices also slowed down to 33.4% – due to the decrease in the cost of diesel and liquefied petroleum gas.
Services became the most actively more expensive – the pace increased to 13.7% year-on-year. The leaders were transport services, car maintenance, driving courses, the beauty sector, and leisure. At the same time, prices in cafes, restaurants, and taxis grew more slowly than before.
The National Bank warns that in the coming months, price pressure on the Ukrainian economy will intensify. The main drivers will be high labor costs for enterprises, the gradual depletion of seasonal effects of cheaper vegetables, planned increases in water tariffs, and the announced revision of public transport fares – both in Kyiv and in other regions.
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