Ukraine in February 2016 saw 0.4% deflation from January 2016 / Photo from UNIAN
Deflation in Ukraine in February 2016 from January 2016 was registered in all regions except for Dnipropetrovsk and Odesa regions, according to the State Statistics Service.
Inflation in Dnipropetrovsk region was 0.1% and Odesa saw a 0% inflation rate.
The highest deflation rate was recorded in Chernivtsi, Poltava, Luhansk and Volyn regions, where it was 0.7%.
The steepest decline in prices of food was seen in Lviv region (by 1.7%). Alcohol and tobacco went down in price most in the city of Kyiv (by 3.5%), prices of clothes and footwear in the Ukrainian capital declined by 5.7%.
The report does not include data from the Russian-occupied Crimea and the Anti-Terrorist Operation zone in Donbas.
As UNIAN reported earlier, Ukraine in February 2016 saw 0.4% deflation, or a decline in consumer prices, from January 2016, when there was 0.9% inflation from December 2015.
The National Bank of Ukraine forecasts that consumer inflation in Ukraine in 2016 will slow to 12%.
UNIAN's consensus forecast says inflation in 2016 may slow to 19%.
Ukraine's national budget was drawn up on 12% annual inflation and the exchange rate of the hryvnia against the U.S. dollar set at about UAH 24.1 per U.S. dollar.