You're reading: Inflation in Ukraine slows down to 9.8 percent in 2018

The growth of consumer prices in Ukraine in 2018 slowed to 9.8 percent compared with 13.7 percent in 2017, the State Statistics Service of Ukraine has reported.

As reported, the inflation growth rates in the previous years were as follows: 12.4 percent in 2016, 43.3 percent in 2015, and 24.9 percent in 2014.

In December, inflation was 0.8 percent against 1.4 percent in November, 1.7 percent in October, and 1.9 percent in September.

The State Statistics Service said that the average annual inflation in 2018 (January-December to January-December of the previous year) decreased to 10.9 percent from 14.4 percent a year earlier.

In December, underlying inflation also fell to 0.6 percent from 1.1 percent in November, 1.3 percent in October, and 1.9 percent in September, and by the end of 2018 the figure reached 8.7 percent.