IntermediateEconomics1 min
The CPI shows how the cost of a fixed set of goods and services bought by households changes over time; inflation is calculated from it.
In plain words
The State Statistics Service calculates the CPI monthly using a weighting structure of consumption, that is, the share of different kinds of spending in household budgets. An index of “102.1% on the previous month” means prices rose by 2.1% on average over the month. The CPI is compared over different periods: with the previous month, with December of the previous year and with the same month a year earlier. The NBU also publishes the CPI series as open data.
Sources
- State Statistics Service of Ukraine: changes in consumer goods and services prices (tariffs) — “Consumer price index” section. Checked 14.10.2026.
Example. If the index on the previous month is 102.1%, prices rose by 2.1% on average over the month (an illustrative value).