Groysman: Inflation rate lower than expected

Groysman: Inflation rate lower than expected

The slowdown in inflation to 9% in annual terms will contribute to the economic stability in Ukraine.  

Prime Minister of Ukraine Volodymyr Groysman stated this at a government meeting on Wednesday, an Ukrinform correspondent reports.

"We have a very positive signal – the slowdown in inflation rate. At present inflation is less than 10%, namely - 9%. It is less than we predicted, which means that we are beginning to stabilize the situation in the country," said Groysman.

He stressed that the key task for the country is to achieve both economic and political stability.

"We will be able to better serve external debts that were created before 2013 and that could affect the state's economy. I am sure that in the medium term everything will be good," the prime minister said.

As reported, consumer inflation in June slowed down to 9.9% in annual terms from 11.7% in May, according to the NBU report.


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