In Ukraine, there is a gradual decrease in the rate of inflation, as confirmed by recent observations from financial experts. Compared to previous peak figures, the price dynamics demonstrate a stable trend towards slowing down.
This is reported by Finway
Updated Forecasts and Expert Expectations
In September, financial analysts revised their inflation forecast for 2025, lowering the expected figure to 7.2%. This is a significant improvement compared to July, when analysts predicted inflation at 7.5%. The improvement in forecasts reflects positive dynamics in the fight against rising consumer prices.
Inflation expectations among Ukrainians have also improved: in August, the population expected inflation to be at 10.1%, which is lower than in July, when this figure was 10.7%. At the same time, bankers in July exhibited more pessimistic sentiments, forecasting inflation at 11.6%, whereas in April, expectations were better — 9.8% for the next 12 months.
Inflation Dynamics in Recent Months
Different groups of economic agents assessed future inflation differently. In particular, business leaders in May predicted inflation at 10.9%, which is an improvement compared to the February forecast of 11.5%.
According to official data from the State Statistics Service, in May 2025, inflation in Ukraine reached 15.9%. However, over the next three months, there was a gradual slowdown in price growth, and by August, the annual inflation rate was 13.2%. Notably, in July and August, Ukraine recorded seasonal deflation — a decrease in prices due to the lower cost of new crop vegetables and fruits.
Inflation expectations among the population improved in August to 10.1% compared to 10.7% in July.
Experts expect that the positive inflation dynamics will continue, provided there are no external or internal economic shocks.