Censor.NET reports citing the press service of the Cabinet.
According to the State Statistics Service of Ukraine, consumer prices in July this year increased by 0.2 percent compared to June, and by 8.2 percent since the beginning of the year.
The price situation regarding food products in July compared with June was multidirectional. The increase in prices was seen for meat and meat products (5.1 percent), rice, butter, bread, pasta (0.8-2.4 percent); however, some food categories got significantly cheaper, like eggs (-9 percent) and vegetables (-9.2 percent). The price also dropped for oil (-0.2 percent), fish (-0.4 percent), fruit (-1.4 percent), cereals, in particular buckwheat, and sugar (-0.2- 4.3 percent). The decrease in prices was fixed for clothing and footwear (-4.4 percent), as well as fuel and oil (1.1 percent).
The data provided by the State Statistics were commented on by the Chairman of the Council of the National Bank of Ukraine Bohdan Danylyshyn.
He said the government of Ukraine together with the National Bank of Ukraine pay much attention to the policy of price stability.
"Taking into account certain revival of economic growth in 2016-2017, as well as a significant slowdown in inflation processes over the past two years, the indicators "July to June" and "July to December" show that the situation is under government control and well within the inflation target approved by the Council of the National Bank of Ukraine. This is normal given the significant slowdown in inflation expectations in Ukraine. At the end of the year, given that in August there is always deflation compared to July, we can reach a one-digit figure. This confirms once again that only a coherent policy of the government and the NBU can bring tangible results," Danylyshyn said.
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