KYIV, Jan 13 – Ukraine’s inflation in 2019 appeared to be lower than the central bank had expected and was the result of its efforts to achieve price stability, the National Bank of Ukraine reported Monday.

Ukraine’s consumer prices rose 4.1% in 2019, compared with 6.3% expected by the central bank, and down from 9.8% in 2018, data show.

The NBU said that reducing inflation to the target in 2019 is, first of all, the result of the NBU's “consistent monetary policy aimed at achieving price stability in combination with a balanced fiscal policy of the government.”