CPI in Ukraine, January-May

Overall, CPI increased by 7.4% in the first five months of the year. Traditionally, summer is less inflationary due to deflation of local fruits and vegetables but we are going to be in double digits anyway -- somewhat closer to 20% (probably 16-17%).

Consumer prices in Ukraine, relative to Devcember of 2008
Category	Consumer price
CPI	107.4
Foodstuff	107.7
Alcohol and tobacco	112.9
Clothing and footware	104.4
Utilities	103.1
Consumer goods	111
Medicine	121
Transport	109.7
Telecom	102.7
Entertainment	107.9
Education	101.4
Catering and hotels	105.9
Other goods and services	112.6

Consumer product prices grew at 11% due to large share of imported goods and hryvna devaluation. The same is true for medicine because large part of drugs is imported. Alcohol and tobacco prices increased due to increases in taxes on tobacco products.