Date: 2 weeks ago   Category: Financial

Increase in prices in Ukraine continues to slow down - the NBU


Inflationary indicators for the first quarter 2019 corresponded to a trajectory of the forecast of National Bank. The actual indicator of inflation in March practically corresponded to a trajectory of the forecast of National bank. It is said in the statement of the regulator. "Increase in prices in Ukraine continues to slow down. If last year inflation for the first time in five years decreased to the unambiguous level (9.8%), then following the results of March, 2019 annual growth rates of the prices were reduced already to 8.6%. Such dynamics quite corresponds to the forecast of National bank", - it is said in it. In March, in particular, rise in price of nonfoods (household appliances, furniture, pharmaceutical products, etc.), crude food, in particular, of vegetables of borshchovy set and also food with high extent of processing slowed down. The tough monetary policy of the NBU and strengthening of hryvnia had considerable influence on delay of inflation. The National Bank notes, as will direct further the policy to decrease in growth rates of the prices and achievement of the medium-term purpose on inflation in 5% ± to 1 items. As it was reported, in March the prices in Ukraine grew by 0.9% in comparison with February (0.5%). In general, since the beginning of year of the price in Ukraine grew by 2.4%. Let's remind, in January monthly inflation was 1.0%, annual - 9.2%, in February of 0.5% and 8.8% respectively. Let's note, the NBU predicted inflation at the level of 6% ± 2 items for the end of 2018, but increase in prices exceeded the expected parameters, having reached 9.8% that is the minimum indicator in five years. News from the Correspondent.netv of Telegram. Subscribe for our https://t.me/korrespondentnet channel

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