Consumer inflation is expected to have slowed from 16.4% in September and amounted in October to 14.6% in annual terms.
On a monthly measurement of consumer prices fell from 2% in September to 1.2% in October.
This slowdown is primarily due to the slowdown in crude food items as well as prices and rates regulated administratively. This was announced by the national Bank.
The regulator reports that it has accelerated the increase in the cost of services of restaurants and hotels, financial, insurance, medical and travel services.
But growth slowed in the cost of services secondary education repair of household appliances, rental housing.
In addition, the accelerated growth of prices for food products with a high degree of processing. In particular, the high pace continued to increase the price of meat and dairy products, reflecting the secondary effects from higher prices for the relevant raw foods.
Also due to the weakening of the hryvnia against foreign currencies in October has slightly increased the growth rate of prices for some imported food products, including cars, pharmaceuticals, furniture, and heaters.
Prices of vegetables expected slowed growth due to the expansion proposals of the late crops, especially traditional vegetables. Also slower growing prices of fruits, mainly due to the increased supply of apples.
In addition, we expect slowed growth in sugar prices due to low world prices and significant supply in the domestic market.
Also slowed the growth of prices for alcoholic beverages, tobacco products and transportation services.
At the same time, continued acceleration in the price of bread and on local calls due to the increase in their cost.
Fuel prices, as expected, accelerated to 16% particularly in October continued to increase the price of gasoline and diesel fuel amid rising oil prices and the weakening of the hryvnia to Euro (fuel excise duties established in euros).
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