KYIV, Aug 10 – The growth of consumer prices in Ukraine in July 2022 due to seasonal factors slowed down to 0.7% from 3.1% in June and 2.7% in May, returning to the level of the end of last year, the State Statistics Service reported.

In July last year, inflation was 0.1%, so in annual terms, in July this year, it rose to 22.2% from 21.5% in June and 18% in May.

Underlying inflation over the past month also fell to 1.2% from 1.6% in June and 1.4% in May. However, taking into account underlying deflation of 0.1% in July 2021 in annual terms it increased to 16.7% from 14.9% in June and 13.7% in May.