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Goldman Sachs

June 9, 2026

Ukraine Inflation Declines on Weaker Food Inflation

Macro Economic IndicatorsMacro Economic IndicatorsOther

Ukraine's headline inflation fell to 8.2% yoy in May 2026, primarily due to easing food inflation. However, core inflation continued to rise, signaling persistent underlying price pressures.

Key Takeaways

  • 1.Headline inflation in Ukraine declined to +8.2% yoy in May 2026 from +8.6% yoy, driven largely by lower food and beverage inflation.
  • 2.Core inflation rose to +7.9% yoy and continues to show elevated momentum.

Table of Contents

  • Key Figures
  • Disclosure Appendix

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