Inflation in Ukraine Remains at Zero Level

Politics ♦ Published: November 30, 2012; 13:50 ♦ (Vindobona)

“Effective management of the financial sector allows Ukrainian authorities to hold inflation.” NBU (National Bank of Ukraine) states.

Inflation in Ukraine Remains at Zero Level / Picture: © Vindobona.org

Experts from the National Bank of Ukraine stated this conclusion in the report "major trends of the monetary market in October 2012," published recently.

"The monetary policy of the National Bank of Ukraine in October contributed to the support of price stability in the country. In particular, at the end of the month the consumer price index over the past 12 months - was 0%.…