KIEV, Sept. 7 – Ukraine saw 0.3% deflation in August, a faster price decline than July’s 0.2%, the State Statistics Service reported.

Consumer prices in Ukraine in 2012 have been declining for fourth months in a row: deflation in May and June 2012 was 0.3% each.

Since the beginning of the year, deflation has been 0.4%.

Consumer prices in August 2012 compared to August 2011 remained unchanged.