Core inflation rate

last update: 09.09.2025 16:30

The core inflation rate, or, equivalently, the core consumer price index — an indicator characterizing the level of inflation, which is formed under the influence of purely monetary conditions. Being one of the components of the consumer price index, it excludes short-term uneven price changes under the influence of factors that are administrative, event-driven or seasonal in nature.

Summary table of core inflation rates of Ukraine в 2017  (%)

JanFebMarAprMayJunJulAugSepOctNovDecPer year
2017100,4100,7101,7100,6100,3100,2100,1100,2101,9101,2101,0100,8109,5
  • the index values are given as a percentage relative to the previous month
Summary table of core inflation rates of Ukraine в 2017  (%)

2017
Jan100,4
Feb100,7
Mar101,7
Apr100,6
May100,3
Jun100,2
Jul100,1
Aug100,2
Sep101,9
Oct101,2
Nov101,0
Dec100,8
Per year109,5
  • the index values are given as a percentage relative to the previous month

The core consumer price index, as already mentioned, is a subindex of the general or composite consumer price index. Core inflation rate is calculated based on a set of consumer goods and services used to calculate the overall inflation index, with the exception of certain product groups and services whose prices are characterized by excessive volatility or, conversely, excessive administration. In Ukraine, this most excluded set of goods and services is determined by peer review by certain experts in the field (i.e., arbitrarily:)

It should be noted that other mathematical methods can be used to calculate the core inflation rate, such as floating or truncated average, exponential smoothing, etc. But, according to Derzhstat, the method of excluding a constant set of goods/services is one of the most traditional in world practice, therefore It was he who was chosen.

Сравнение Inflation
2017
nflation
Core
inflation
Difference
(%)
Jan101,1100,4-0,7
Feb101,0100,7-0,3
Mar101,8101,7-0,1
Apr100,9100,6-0,3
May101,3100,3-1,0
Jun101,6100,2-1,4
Jul100,2100,1-0,1
Aug99,9100,20,3
Sep102,0101,9-0,1
Oct101,2101,20,0
Nov100,9101,00,1
Dec101,0100,8-0,2
Per year113,7109,5-4,2
  • значения индексов даются в процентах относительно предыдущего месяца

Dynamics of inflation indices in 2017 year (cumulative):

01.201702.201703.201704.201705.201706.201707.201708.201709.201710.201711.201712.2017 7580859095100105110115120125130135 % InflationCore inflation
Core inflation by years
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