But for now it seems that inflation is steadily decreasing despite elevated risks under intensified Russian strikes on the energy grid.<\/p>\n
Ukraine\u2019s State Statistics Service published the latest figures in a report<\/a> on Friday.<\/p>\n Consumer inflation in Ukraine in December 2025 <\/p>\n Consumer price inflation in December 2025 compared with November stood at 0.2%, and at 8% compared with December 2024.<\/p>\n Inflation finally fell into single digits after a whole year of double-digit price pressures which caused concern among Ukraine\u2019s economists and regulators.<\/p>\n Ukraine\u2019s economy continues to battle<\/a> through economic pressures caused by Russia\u2019s full-scale invasion, but the path to the central bank\u2019s 5% target is shortening every month, assuming no further risks emerge to buck that trend.<\/p>\n Core inflation in Ukraine in December 2025 <\/p>\n Core inflation, overall, slowed by 1.3% compared to last year\u2019s figures (year-over-year).<\/p>\n Ukraine\u2019s statistics estimated year-over-year core inflation to be at 8% in December 2025, compared with 9.3% in the same month the previous year.<\/p>\n <\/p>\n <\/a><\/p>\n Other Topics of Interest<\/p>\n Russian Hypersonic Strike Triggers Emergency UN Meeting as Washington Stays Silent<\/a><\/p>\n As European allies and the UN push for a coordinated response to Russia\u2019s latest strike, the Trump administration maintains silence, fueling uncertainty in Kyiv and across the transatlantic alliance.<\/p>\n The comparison of monthly numbers this year shows a fall from 0.3% in November 2025 to 0.1% this month.<\/p>\n In November, core inflation dropped back to its 2024 level, marking a full year since the upward trend began and finally reversed.<\/p>\n \u00a0<\/p>\n Food prices in Ukraine in December 2025 <\/p>\n In December, overall prices for food products and non-alcoholic beverages remained unchanged.<\/p>\n At the same time, prices for eggs, processed grain products, fish and fish products, bread, sunflower oil, lard, vegetables, beef, and milk rose between 0.7% and 5.6%.<\/p>\n Prices for alcoholic beverages and tobacco products rose by 1.0%, driven by a 1.9% increase in tobacco prices.<\/p>\n Utilities, services and clothes prices in Ukraine in December 2025 <\/p>\n Transport prices rose by 0.7%, mainly due to a 1.3% increase in rail passenger fares and a 1.1% rise in fuel and lubricant prices.<\/p>\n Clothing and footwear became 3.9% cheaper, including a 4.4% decrease for footwear and 3.6% for clothing.<\/p>\n Telecommunications services decreased slightly by 0.1%.<\/p>\n Housing, water, electricity, gas, and other fuels rose by 0.1%. These are administratively regulated prices that the government keeps below market levels, which is why they have not yet increased significantly \u2013 unless Ukraine\u2019s government decides otherwise.<\/p>\n Inflation in Ukraine started decelerating from its 15.9% peak in May 2025<\/a>. The key contributor is an increase in the supply of new harvest agricultural products.<\/p>\n Labor market constraints \u2013 workforce shortfalls due to internal and external migration \u2013 has continued to impose tension on inflation since the middle of 2024.<\/p>\n The effects of Russian attacks on Ukraine\u2019s energy grid that drove an inflation spike in 2024<\/a> have started to weigh on inflation again, though the risk has not materialised for now.<\/p>\n![\"Russian](\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/01\/932a52ea14fffc395c6683231f87862f.jpeg\")
<\/p>\n