Inflation in Ukraine slowed down considerably.

Inflation in Ukraine slowed down considerably.



Yesterday, 23:59

The figure is 9.9%.

In June consumer inflation significantly decelerated to 9.9% in annual terms. In may the figure was 11.7%.

Such data of the State statistics service.

“A further decline in inflation in annual terms was expected, and its index in June was slightly below the trajectory forecast of the National Bank, published in the “Inflation report” for April 2018. This was mainly due to the marked expansion of the food supply, including raw, as a result of more favourable weather conditions and increased imports. In addition, the growth rate of the value of the imported goods and prices of goods and services with a significant import component in the cost of positive impact of strengthening exchange rate of the hryvnia, in particular, was caused by the tight monetary policy of the National Bank”, – said the NBU.

See also:

The hryvnia strengthened. Now that is worth buying and when the dollar will start to go up

At the same time, the rate of core inflation indicates that inflationary pressures remain significant.

“This is primarily a result of sustained consumer demand, supported by high growth of real wages,” said the regulator.

Core inflation in June slowed to 9.0% and was slightly below the forecast of the NBU.

The national Bank revised its inflation forecast and updated figures for 2018 to 2020 is scheduled to release on 12 July. A new detailed macroeconomic forecast – July 19.

It was reported earlier that the hryvnia has led the list of currencies which strengthened against the dollar.

  • inflation
  • National Bank

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