Ukraine inflation rate for 2023 was 12.85%, a 7.33% decline from 2022.
Ukraine inflation rate for 2022 was 20.18%, a 10.82% increase from 2021.
Ukraine inflation rate for 2021 was 9.36%, a 6.63% increase from 2020.
Ukraine inflation rate for 2020 was 2.73%, a 5.15% decline from 2019.
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
