KIEV, Aug. 13 – Kiev-based Magistr asset management company has said the forecasted 1.3% deflation in Ukraine in August will nudge the stock market to growth within three or four trading days of the day the State Statistics Committee publishes its deflation report.

This forecast is given in an analytical overview by the company's experts.

"A key, positive piece of news last week on the Ukrainian stock market was the publication of information about a change in the consumer price index in July. According to the State Statistics Committee in July it registered 0.5% deflation (mainly due to a seasonal decrease in foods prices), which had a positive impact on PFTS index dynamics, which changed from negative to neutral," reads the overview.