Inflation in Ukraine slows down to 14.6% in annual terms

Compared with September, inflation was recorded at 1.2% following September’s 2% compared with August, the report reads.

Since the beginning of the year, compared with December 2016, consumer prices in Ukraine have increased by 11.5%.

According to the State Statistics Service, the largest increase in prices in annual terms was recorded for the maintenance of residential buildings and adjacent areas (46.7%), meat and meat products (29.9%), vegetables (29.4%), butter (28.9%), milk (28.3%), and electricity (28.1%).

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The agency noted that the data were presented excluding the figures for the occupied Crimea and Sevastopol, as well as part of the zone of the Anti-Terrorist Operation.

As UNIAN reported earlier, inflation in Ukraine in September was at 2% compared with the previous month, and at 16.4% in annual terms.

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The key creditors of Ukraine - the International Monetary Fund and the World Bank - forecast a slowdown in inflation in 2017 to 10%.