Ukrainian inflation topped 21% in June 2022

Ukrainian consumer prices accelerated in June 2022, adding to pressures on the war-torn country where the central bank has hiked interest rates to 25% to combat spiraling inflation.

Consumer prices quickened to 21.5% from a year earlier, the highest level in more than six years. They were driven by costs of fuel and food supplies hampered by Russia’s invasion, the State Statistics Service of Ukraine said on July 8, 2022.

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