June inflation in Ukraine equals to zero for second month in a row, it slows to 9.9% over-over-year
Consumer prices in Ukraine in June 2018 remained zero for the second consecutive month, their growth since the beginning of the year was 4.4%, the State Statistics Service of Ukraine said on Monday.
Inflation in June 2018 from June 2017 slowed to 9.9% from 11.7% in May and 13.1% in April.
Core inflation in June 2018 also fell to zero from 0.2% in May and 0.6% in April, and its indicator in June 2018 from June 2017 was 9% compared to 9.3% in May.
As reported, inflation in Ukraine in 2017 accelerated to 13.7% compared with 12.4% in 2016, which, however, was significantly lower than in the past years: 43.3% in 2015 and 24.9% in 2014.
The National Bank of Ukraine (NBU) late in October 2017 reviewed the inflation forecast for 2018 upwards from 6% to 7.3% and in January 2018 the indicator was updated to 8.9%, while the Cabinet changed its forecast from 7% to 9%.
In addition, to curb price increases, the NBU raised the refinancing rate to 17% from 16% as of March 2.
Advertising
Advertising
MORE ABOUT
Banking network, after growing in Q4 2023, narrows again in Q1 2024 – NBU
20:37, 19.04.2024
Deficit of Ukraine's foreign trade in goods decreases by 12.5% in Jan-Feb – statistics
20:55, 15.04.2024
Inflation in Ukraine 0.5% up in March, but 3.2% down y-o-y – statistics
17:28, 09.04.2024
Number of services provided in Unified State Electronic System in construction area grows by 56% in Q1 2024 – Ministry of Reconstruction
19:27, 05.04.2024
Kyivteploenergo: Number of accidents in heating networks of capital last winter decreases by 15%
18:52, 04.04.2024
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