Price index for February 2023
Macroeconomic indicator 10 Mar, 2023
3 min read

Inflation on the consumer market in February 2023 compared to January 2023 was 0.7%, since the beginning of the year - 1.5%.

Core inflation in February 2023 compared to January 2023 was 0.5%, since the beginning of the year - 1.2%.

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On the consumer market, prices for food and non-alcoholic beverages increased by 1.5% in February. Vegetables rose in price the most (by 13.9%). Prices for fruit, poultry, fish and fish products, bread, milk and dairy products, pasta, and soft drinks increased by 1.4-0.4%. At the same time, grain processing products, eggs, rice, lard, beef, pork, and sunflower oil fell in price by 2.3–0.4%.

Prices for alcoholic beverages and tobacco products increased by 1.1%, including for tobacco products - by 1.4%, alcoholic beverages - by 0.9%.

Clothing and footwear fell in price by 3.2%, in particular, clothing – by 3.2%, footwear – by 3.1%.

The increase in prices in the field of health care by 0.8% occurred primarily due to the increase in the price of outpatient services and hospital services by 1.6%.

Transport prices decreased by 1.7% due to a 5.3% decrease in the price of fuel and lubricants, as well as a 1.5% decrease in passenger rail fares.

Geographic coverage

All regions of Ukraine, except the temporarily occupied territory of the Autonomous Republic of Crimea, the city of Sevastopol and part of the temporarily occupied territories in the Donetsk and Luhansk regions.

The selection of cities is carried out at the state level and is representative for the calculation of the CPI for each region of the country. Monitoring of changes in consumer prices (tariffs) is not carried out in rural areas.

Methodology and definitions

The consumer price index (CPI, inflation) is an indicator of changes over time in prices and tariffs for goods and services purchased by the population for non-productive consumption. It is calculated monthly on the basis of price data (obtained by state statistics bodies through monthly registration of prices and tariffs on the consumer market) and data from national accounts on household final consumption expenditures for the country as a whole with further distribution (based on the results of a sample survey of household living conditions).

The core consumer price index (CPI, core inflation) is a sub-index of the consumer price index. Its construction is based on existing methodological principles for calculating the consumer price index. BISC shows stable price dynamics with minimization of short-term uneven price changes caused by supply shocks and administrative regulation.

Calculation methodology: https://www.ukrstat.gov.ua/norm_doc/2021/310/310.pdf

Data view

Viewing of data calculated and published earlier is not carried out.

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More information: http://www.ukrstat.gov.ua/operativ/menu/menu_u/cit.htm

© State Statistics Service of Ukraine, 2023

 

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