---
title: "Fuel in Ukraine up 38.7% in a year: NBU explains the spike in fuel prices in August 2026"
description: "In August 2026, fuel inflation in Ukraine reached 38.7% year-on-year. The NBU links the spike to rising global oil prices and a temporary diesel shortage. Overall inflation accelerated to 8.1%."
date: 2026-09-10T16:02:01.000Z
lang: en
url: https://xab.info/en/posts/fuel-in-ukraine-up-38-7-in-a-year-nbu-explains-price-spike-en
tags: [fuel-prices, ukraine-inflation, nbu, gasoline, diesel, august-2026, oil-market]
publisher: "XAB.info"
---

# Fuel in Ukraine up 38.7% in a year: NBU explains the spike in fuel prices in August 2026

![Driver refueling a car at a gas station amid rising fuel prices in Ukraine](https://xab.info/media/2026/09/10/toplivo-v-ukraine-podorozhalo-na-38-7-za-god-obyasnenie-nbu/toplivo-v-ukraine-podorozhalo-na-38-7-za-god-obyasnenie-nbu-1.webp)

## 🎯 Key Points

- Fuel inflation in Ukraine in August 2026 stood at 38.7% year-on-year according to the State Statistics Service
- The main causes of the price rise were a spike in global oil prices at the end of July and a diesel shortage in early August
- Overall inflation in August accelerated to 8.1%, while core inflation remained at 8.1%
- Diesel prices stabilized in the second half of August thanks to increased imports, while auto gas became cheaper due to cheaper imported resources
- As of September 10, A-95 gasoline at gas stations costs between 81.90 and 89.90 UAH/l, and diesel between 91.90 and 97.90 UAH/l

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%.

## 🔍 Fact-Check Verification

- [Why fuel prices rose by nearly 40% in a year: NBU's explanation](https://www.rbc.ua/ukr/news/chomu-palne-podorozhchalo-mayzhe-40-rik-poyasnennya-1789055784.html) - Подтверждает данные Госстата о 38,7% инфляции горючего и объяснение НБУ (скачок нефтяных цен, дефицит дизеля). Цифры и хронология совпадают с основным текстом.
- [Ukrainians face a new price hike: NBU warns of rising prices until the end of 2026](https://www.obozrevatel.com/ekonomika-glavnaya/fea/ukraintsev-zhdet-novoe-podorozhanie-nbu-predupredil-o-roste-tsen-do-kontsa-2026-goda.htm) - Подтверждает прогноз НБУ о сохранении ценового давления до конца 2026 года. Не противоречит основным данным статьи.
- [Dollar at 45: what happens next to the exchange rate, food and fuel prices – Novak](https://glavred.info/interview/dollar-po-45-chto-budet-dalshe-s-kursom-cenami-na-produkty-i-toplivo-novak-10772354.html) - Контекстный источник: интервью с прогнозом по курсу и ценам. Не содержит противоречий с данными Госстата и НБУ по инфляции горючего.

## ❓ FAQ

### Q: How much did fuel prices rise in Ukraine in August 2026?
**A:** According to the State Statistics Service, fuel inflation in August 2026 stood at 38.7% year-on-year. The main push to prices came from the rise in gasoline and diesel prices at the end of July against the backdrop of a spike in global oil prices.

### Q: Why did diesel fuel first get more expensive and then stabilize?
**A:** In the first half of August, diesel prices rose due to a shortage on the domestic market. In the second half of the month, prices began to fall and stabilized thanks to increased diesel import volumes, which improved supply.

### Q: What are the gasoline and diesel prices at gas stations as of September 10, 2026?
**A:** As of September 10, A-95 gasoline costs between 81.90 UAH/l (Ukrnafta) and 89.90 UAH/l (Pulls 95 at OKKO). Diesel — between 91.90 UAH/l (Ukrnafta) and 97.90 UAH/l (WOG Euro-5, SOCAR NANO). Auto gas — between 42.90 and 45.50 UAH/l depending on the network.

### Q: What is the overall inflation in Ukraine in August 2026?
**A:** Overall inflation in August 2026 accelerated to 8.1% year-on-year. Core inflation also stood at 8.1%. Inflation in services slowed to 13.4%, while the increase in raw food prices — to 1% year-on-year.

### Q: Will fuel prices continue to rise?
**A:** The NBU warns that price pressure could persist until the end of 2026 due to the volatility of global oil prices and the domestic market's dependence on imports. At the same time, the slowdown in inflation in the food and service segments partially offsets the rise in fuel prices.