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«AgroInvest» — News — Finance Ministry: Inflation will be far below 1%

Finance Ministry: Inflation will be far below 1%

2011-02-16 15:58:24

Inflation in Ukraine in February will be considerably less against January, when it was 1% against the previous month, First Deputy Finance Minister Vadym Kopylov told a press conference.

"We will have inflation far below January, we are going in the annual mode and will not be knocked out of it," he said.

Kopylov noted that one of factors that will influence the inflation rate in February will be stabilization of world oil quotations.

According tot the State Statistics Service, consumer price indexes and industrial producer prices in January 2011 made up 1.0% and 1.3% respectively. In January 2011agaisnt January 2010, inflation made up 8.2%.

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