KYIV, Sept 10 – The National Bank of Ukraine (NBU) expects inflation to remain within the range of 10–11% in September-October and decline below 10% in the last months of the year, the central bank said on its website on Thursday.
At the same time, the central bank said that Inflation will continue to slow next year: it will gradually return to the target of 5%.
"Despite a correction of prices for some foods and a gradual weakening of the low comparison base effect, sustained high global prices for energy and food made a large contribution to headline inflation. Unfavorable weather in July-August also impacted domestic prices of some food products," the NBU said.
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