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GISMETEO.RU
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Slight price uptick follows 4 months of deflation, government reports
Journal Staff Report

KIEV, Oct. 5 – Four months of deflation at 0.2-0.3% have been replaced by inflation of 0.1% in September, the State Statistics Service reported on Friday.

According to the service, consumer prices in Ukraine have dropped by 0.3% since the beginning of the year, whereas compared with September 2011, they have remained at the same level, i.e. in annual terms, as in the previous month, inflation remains zero.

As reported, in 2011, inflation in 2011 slowed to 4.6% from 9.1% in 2010, hitting a record low since the country gained independence in 1991. The previous best record was posted for 2011 at 6.1%, while 0.6% deflation was posted for 2002.




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