KYIV, Dec 26 – The monetary policy committee of the National Bank of Ukraine (NBU) at a meeting on December 12 unanimously noted the weakening of inflation risks and availability of signs of improvement of inflation expectations.

According to the minutes of the meeting posted on the website of the central bank's website, a record hitting grain and oilseed harvest, the quick decline in global energy prices, the moderate fiscal policy of the government, the improvement of external environment for developing countries and the favorable situation on the currency market contributed to the reduction of inflation risks.