During the year, inflation in Ukraine has increased by almost half and accounted to 49%. Our country is ranked last – 225th place. Below, only Venezuela, because there is no statistical data.
The nearest to Ukraine countries in the ranking – South Sudan with the price index of inflation – 41.1%, Syria – 33.6%, Yemen – 30%.
The highest position of the ranking took Lebanon (-3.5%), Northern Mariana Islands (-2.5%), Afghanistan (-1.9%), Greece (-1.4%) and Switzerland (-1.1%).
As reported earlier, inflation in Ukraine in 2015 (December 2015 to December 2014) accelerated to 43.3% in comparison with inflation at 24.9% in 2014 and reached its peak for the last 20 years.
The National Bank of Ukraine predicts a slowdown of consumer price inflation in Ukraine up to 12% following the results of 2016.
The State Budget of Ukraine for 2016 assumes an annual inflation rate of 12%, and the UAH exchange rate of about 24.1 UAH/USD.
We also recommend to read other articles Bloomberg: Ukraine is expected to raise its misery rating, World Happiness Ranking: where is Ukraine? and Ukraine took the second to last place in the ranking of the best world’s countries.