Prices are rising, but slower. The national Bank spoke of inflationary processes in Ukraine

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Inflation slows for third month in a row.

In April 2018, consumer inflation in Ukraine continued to decelerate for the third consecutive month and amounted to 13.1% in annual terms (compared with 13.2% in March).

Such data leads the national Bank. He says that he expected further decline in inflation in annual terms, however, the April figure was slightly higher than the forecast published in the “Inflation report” for April 2018, mainly due to the influence of the most volatile component.

See also:

The national Bank’s updated inflation forecasts. What to expect from the prices

According to estimates by the regulator, “deviations of actual inflation in April, the forecast is insignificant and can be mitigated in the following months. Besides, monetary conditions are currently tough enough to provide a gradual reduction in consumer inflation in accordance with the forecast of the National Bank (of 8.9% yoy at the end of 2018) and its return to the target range in mid-2019”.

We will remind, the EBRD updated its forecast of growth of economy of Ukraine and outlined the main risks.

Prices are rising, but slower. The national Bank spoke of inflationary processes in Ukraine

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