According to data published by the State Statistics Service on September 9, 2026, fuel inflation in Ukraine accelerated to 38.7% year-on-year in August. This figure became one of the key factors behind the country's overall inflation reaching 8.1% year-on-year in August — slightly above the National Bank's forecast. The NBU explained that the main push to fuel prices came from a sharp rise in gasoline and diesel prices at the end of July against the backdrop of a spike in global oil prices, as well as a temporary diesel shortage in early August.
Dynamics of gasoline, diesel and gas prices in August
In August 2026, gasoline continued to rise in price, maintaining the upward trend that began at the end of July. The situation with diesel fuel was more complicated: in the first half of the month, its price grew due to a shortage of supply on the domestic market. However, in the second half of August, diesel began to fall in price and ultimately stabilized. The National Bank attributes this to an increase in diesel import volumes, which allowed the supply gap to be filled. A similar stabilization was observed in the auto gas market as well: in early August, gas prices held steady thanks to the arrival of cheaper imported resources.
Other components of inflation: food and services
Against the backdrop of the sharp rise in fuel prices, the other components of consumer inflation showed more moderate dynamics. The increase in raw food prices slowed to 1% year-on-year in August — partly thanks to the new vegetable harvest. Meat and tomatoes, by contrast, became cheaper due to sufficient supply on the market. Core inflation, excluding volatile categories, remained at 8.1%. The pace of price growth in services, on the other hand, slowed to 13.4% year-on-year, indicating some cooling of price pressure in the service sector.
Impact of military aggression on price dynamics
The NBU emphasizes that price pressure in Ukraine remains elevated primarily due to the consequences of Russia's military aggression. Attacks on logistics, production and energy infrastructure increase businesses' operating costs and limit the domestic supply of goods and services. This creates a structural inflation factor that cannot be fully offset by monetary tools. This is precisely why, according to the regulator's assessment, price risks remain in the future as well.
Current gas station prices as of September 10, 2026
As of September 10, 2026, fuel prices at Ukrainian gas stations remain at a high level. At OKKO, A-95 Euro gasoline costs 86.90 UAH/l, Pulls 95 — 89.90 UAH/l, Euro diesel — 96.90 UAH/l, and auto gas — 44.90 UAH/l. At WOG, 95 Euro gasoline is sold at 87.90 UAH/l, Euro-5 diesel — at 97.90 UAH/l, and gas — at 45.50 UAH/l. At SOCAR, A-95 costs 86.90 UAH/l, NANO diesel — 97.90 UAH/l, and auto gas — 44.90 UAH/l. The most affordable prices are offered by Ukrnafta: A-95 — 81.90 UAH/l, diesel — 91.90 UAH/l, auto gas — 42.90 UAH/l. The spread between networks for gasoline is about 5 UAH/l, and for diesel — up to 6 UAH/l.
NBU forecast: what to expect for prices by the end of 2026
The National Bank had previously warned that price pressure could persist until the end of 2026. Given that global oil prices remain volatile and the domestic fuel supply still depends on imports, the regulator does not rule out further price adjustments at gas stations. At the same time, the slowdown in inflation in the food and service segments creates a certain buffer that prevents the overall figure from accelerating beyond the current 8.1%.
