Consumer prices in Ukraine dropped by 0.3% in May 2012, or by 0.5% year-over-year, the State Statistics Service of Ukraine reported on Wednesday.
Inflation in the country was 0.4% at the beginning of the year, according to the statistics service.
As reported, inflation in 2011 slowed to 4.6% from 9.1% in 2010, hitting a record low since the country gained independence in 1991. The previous best record was posted for 2011 at 6.1%, while 0.6% deflation was posted for 2002.
The government expected inflation this year to speed up to 7.9%. The state budget for 2012 was built based on this inflation forecast. According to the statistics service, inflation is slowing down and changed to deflation in May. In particular, inflation was 0.2% per month in January and February, 0.3% in March, and 0% in April. As reported, inflation in Ukraine in annual terms, i.e. compared to the same month last year, slowed to 0.6% from 1.9% in March and 3% in February.
The Kyiv Post is disabling its online comment section due to an increase in trolls, violent comments and other personal attacks. Other news organizations worldwide have taken similar steps for the same reasons. The Kyiv Post regrets having to take this action. The newspaper believes in a robust public debate, but the discussion must be constructive and intelligent. For the time being, the Kyiv Post will allow comments on its moderated Facebook group https://www.facebook.com/groups/kyivpost/.
The newspaper will consider hosting online comments again when circumstances allow.
Thank you from the Kyiv Post.
Web links to Kyiv Post material are allowed provided that they contain a URL hyperlink to the
www.kyivpost.com material and a maximum 500-character extract of the story. Otherwise, all materials
contained on this site are protected by copyright law and may not be reproduced without the prior
written permission of Public Media at email@example.com
All information of the Interfax-Ukraine news agency placed on this web site is designed for internal
use only. Its reproduction or distribution in any form is prohibited without a written permission of