KIEV, Feb. 9 - Inflation in Ukraine in January 2015 was 3.1% compared to 3% in December and 1.9% in November, the State Statistics Service reported.

In annual terms (compared to the same month last year) inflation increased to 28.5% from 24.9% last year.

In 2013 consumer prices in Ukraine increased by 0.5%, while in the previous year they decreased by 0.2%.

The national budget of Ukraine for 2015 is built on the conservative scenario, providing for a decline in GDP by 4.3% with inflation being 13.1%, while the NBU expects GDP to fall by 4-5% with inflation being 17.2%.