KIEV, Nov. 7 - Ukrainian inflation slowed for a fourth month in October after high grain and vegetable crops helped ease food prices.
The inflation rate fell to 5.4% from 5.9% in September, the State Statistics Committee said today. The median estimate of 10 economists in a Bloomberg survey was 6.4%. Prices were unchanged from the previous month, when they rose 0.1%.
“We expected consumer prices to increase slightly last month, but the data outperformed our expectations,” Olena Bilan, chief economist at Kiev-based Dragon Capital, told Bloomberg.
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