Updated

Ukraine's annual consumer inflation rose to 11.0% in October from 10.0% in September, according to the State Statistics Service, which published its report on Tuesday, November 10. Consumer prices rose 1.8% month on month, and core inflation, which excludes volatile food and administratively regulated prices, climbed to 9.7% from 8.8%. Fuel and lubricants were 53.9% more expensive than a year earlier, up from 46.2% a month before, and transport services rose 40.6% annually. Food and non-alcoholic beverages rose 2.0% on the month, with annual food inflation accelerating to 9.3%. Bread was 21.3% dearer than a year earlier and fish products 23.6% dearer. Kyiv Post reported that the central bank, the National Bank of Ukraine, had attributed the rise mainly to direct and second-round effects of the fuel price surge from the Middle East war, along with Russian attacks on Ukraine's warehousing and logistics infrastructure. Local water tariffs also rose, with water supply up 106.5% and sewerage up 99.3% on the year, while electricity and natural gas tariffs stayed unchanged under administrative restrictions. The report did not say whether Russian strikes also drove food price increases, though Kyiv Post noted that food retail has been among the victims of Russian strikes on supply chains.