The change of the inflation trends to a downward one is expected in coming months, Deputy Governor of the National Bank of Ukraine (NBU) Dmytro Solohub has said.
“In annual terms, it will start to slow down, and it’s understandable: in the next few months… If you look at the last year, then the inflation shock began to unfold starting around April,” he told journalists in Kyiv on Friday.
As reported, growth of consumer prices in Ukraine in 2017 accelerated to 13.7% from 12.4% compared to 2016, which, however, is significantly lower than in the past years: 2015 – 43.3%, 2014 – 24.9%.
Inflation in Ukraine in January 2018 was 1.5% compared to 1% in December 2017. In annual terms, consumer price growth also accelerated in January to 14.1% from 12.6% in the previous year.
At the same time, in February, consumer price growth slowed to 0.9%. In annual terms, inflation fell to 14%.
