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Ukraine’s inflation hits 7-year high in 2022

United News of India by United News of India
January 11, 2023
in World
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Russia declares war on Ukraine , Says “ 70 targets destroyed, Dozens Dead”
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Kyiv: The inflation in Ukraine reached the highest level in seven years in 2022, standing at 26.6 percent, according to official statistics.

Last year, the country’s inflation was driven by higher prices for transport services and food commodities, which rose by 42.9 and 34.4 percent respectively, according to a report published by the country’s State Statistics Service on Tuesday.

Costs for household appliances also contributed to inflation growth, rising by 26.5 percent in 2022.

Prices for alcohol and tobacco, healthcare services, hotels and restaurants also saw double-digit growth last year.

In 2021, inflation in Ukraine rose to 10 percent from 5 percent a year earlier.
UNI/XINHUA

United News of India

United News of India

United News of India

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The publication of “Kashmir Horizon” as an English daily was started with a modest attempt on May 19, 2008.It has been a Himalayan attempt for “The Kashmir Horizon” to survive the challenges posed to journalism in the violence fraught place like Jammu & Kashmir.

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