KIEV, June 10 – Deflation of industrial prices in Ukraine in May increases recessionary pressure on the Ukrainian economy, which is still moving to the bottom of the first crisis, according to Valeriy Lytvytsky, the head of the group of advisors to the governor of the National Bank of Ukraine.

"In May the rise in consumer prices slowed, while deflation of industrial prices resumed. In the balance of macroeconomic risks, the symmetry of threats tangibly moved towards a worsening of the production fall... The economy pulled up, although a slight wobble is continuing. [But] the resumption [of growth] has not started – industry has not tested the bottom," he told Interfax-Ukraine on Tuesday.