State Statistics Service: Inflation in Ukraine in 2016 slows down to 12.4%
Consumer prices grew by 12.4% in Ukraine in 2016 as forecasted by the National Bank and government, which is significantly lower than in the past years - 43.3% in 2015 and 24.9% in 2014, the State Statistics Service of Ukraine reported on Friday.
According to the service, in December of 2016, inflation stood at 0.9% against 1.8% in November and 2.8% in October.
The State Statistics Service has said that the average annual inflation in 2016 (January-December of 2016 to January-December of 2015) was 13.9%.
The Ukrainian government and the National Bank predict a further slowdown of the consumer prices growth to 8%-8.1% in 2017.
Advertising
Advertising
MORE ABOUT
Italian Embassy hosts ceremony of donating three ambulances for Kharkiv, Kyiv by association La Memoria Viva
21:15, 01.05.2024
Ukraine receives weapons from some partners with permission to strike Russia – Latvian FM
19:35, 01.05.2024
Trump considers it wrong for USA to provide more financial assistance to Ukraine than Europe
19:57, 30.04.2024
PM on unblocking freight flow at Ukrainian-Polish border: We hope we've turned this page in relations with Poland
18:20, 30.04.2024
Shmyhal discusses with Irish counterpart Ukraine's integration into NATO, EU
15:53, 30.04.2024
LATEST
Number of transfers via NovaPay up by 18%, transactions by 24% in Q1 2024
19:32, 01.05.2024
McDonald's plans to expand partnership projects with filling stations
13:54, 01.05.2024
McDonald's preparing to renovate restaurant near train station in Kyiv, looking for site next to Lviv train station
12:57, 01.05.2024
Share of home purchase transactions on installment terms reaches 95% – DIM Group
10:43, 01.05.2024
Pharmaceutical firm Darnitsa could attract loans of up to UAH 5 bln within one year