FX.co ★ Ukraine’s Monthly Inflation Cools in May as CPI Growth Slows to 0.9%

Ukraine’s consumer price growth eased in May 2026, with the month-over-month Consumer Price Index (CPI) advancing 0.9%, down from a 1.4% increase in April 2026. The latest data, updated on 9 June 2026, signal a moderation in short-term inflation pressures after a stronger price rise in the previous month.

On a month-over-month basis, the May reading reflects a slower pace of price increases compared with April, when prices rose 1.4% versus March. The comparison underscores a cooling trend: while prices are still rising, the rate of increase has decelerated, which may offer some relief to households and inform policymakers as they assess inflation dynamics.

The figures are based on a direct comparison of each month’s price changes with the immediately preceding month, with the current “actual” showing May versus April, and the “previous” reflecting April versus March. Investors and analysts will be watching upcoming releases to see whether this softer inflation momentum continues in the months ahead.