State Statistics Service: Inflation in Ukraine in 2016 slows down to 12.4%

According to the service, in December of 2016, inflation stood at 0.9% against 1.8% in November and 2.8% in October. The State Statistics Service has said that the average annual inflation in 2016 (January-December of 2016 to January-December of 2015) was 13.9%. The Ukrainian government and the National Bank predict a further slowdown of the consumer prices growth to 8%-8.1% in 2017.