Inflation in Ukraine slows down to 1.8% over month, 12.1% over year in Nov

18:11, 08.12.2016 1 min read

Consumer prices in Ukraine in November rose by 1.8%, while in October they increased by 2.8%, in September by 1.8%, the State Statistics Service of Ukraine has said.

According to its data, in annual terms (compared to the same month last year) inflation in November slowed down to 12.1% from 12.4% in October.

The service said since the beginning of this year consumer prices have increased by 11.4%.

As reported, the government and the National Bank of Ukraine predict a slowdown in inflation to around 12% with the economy growth being about 1.1% in 2016.