KIEV, April 12 - Consumer inflation in Ukraine in the first quarter of 2016, standing at 1.6%, was 2.4 percentage points lower than the forecast made by the National Bank of Ukraine, which was estimated at 4%, according to the central bank's website.

"The probability that inflation in 2016 will be lower than 12% forecast by the NBU has grown. However, the majority of factors that influenced inflation in the first quarter, have a short-term nature and with a high probability their impact could change for contrary in subsequent quarters," reads the repot.