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Date: 4 months ago   Category: Economics

The NBU explained jump of inflation in September

The jump of inflation in September up to 1,9% is substantially caused seasonal to factors
Inflationary pressure in Ukraine remains high, despite weakening of food inflation. RBC Ukraine with reference to the comment of National bank about the rate of inflation in September, 2018 reports about it.

"High growth rates of the prices are supported by steady domestic demand, rapid growth of the salaries and sharp rise in price of oil in the world markets", - it is said in the comment.

As noted in the NBU, the growth of consumer prices in September for 1,9% was substantially caused by seasonal factors.

Inflation in annual measurement in September was higher, than emphasize the forecast of the NBU published in the July "Inflationary report" (8,3%) at the expense of a basic component and fuel prices in National Bank.
Basic inflation in September remained at the level of the last month (8,7% of yoy). The expected delay restrained weakening of an exchange rate of hryvnia in the last several months. It stimulated acceleration of increase in prices for nonfoods, are mainly imported. Increase in prices for crude food in September was slowed down (up to 0,8% of yoy) that corresponded to the forecast of National bank. Increase in prices for fuel accelerated (up to 22,7% of yoy) against the background of rapid growth of the world prices for oil and weakening of an exchange rate of hryvnia, noted in the NBU. we Will remind

, according to Gosstat, consumer prices in Ukraine in September, 2018 in comparison with August grew by 1,9%. According to statistical office, since the beginning of year (by December, 2017) the prices in Ukraine grew by 5,6%. In annual measurement (till September, 2017) inflation decreased to 8,9%. Let's note that within last four months Gosstat fixed reduction of prices: in May, June and August zero inflation, in July - deflation of 0,7%.
of gogetnews of Vlad Nekrasov Today, 15:25 0


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