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Inflation in Ukraine slows down to 1,7% in October, - State Statistics Service

However, since the beginning of the year, the inflation rate has increased from 8,9 to 9,5%
19:11, 9 November 2018

Open source

In October, the inflation rate in Ukraine has slowed down to 1,7%. However, since the beginning of the year (in October 2018, compared with October 2017), the inflation rate has increased from 8,9% to 9,5% following the results of September, as it was reported on the website of State Statistics Service.

The core inflation in October 2018 was 1,3% compared with September (1,9%). In ten months, it has reached 6,9%. In the annual measurement, the core inflation has also grown a bit, from 8,7% to 8,8%, following the results of September.

Related: Prospects of Ukraine's economy: Unemployment, high inflation, and wage arrears

As it was reported, Ukraine’s National Bank set the target level of inflation at 5% since December 2019.

Related: Eurocommission confirms GDP, inflation forecast for Eurozone in 2018-2019

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