Thanks to steady monetary policy the annual core inflation keeps declining (down to 4.2% as of end of May).
According to NBU information, slowdown in food prices with a high degree of processing, comprising the CPI base is down to 11.1% annually under the influence of secondary effects from lower prices for raw foods.
Non-base CPI also tends to slowdown with 4.2% of decline - the result of lower prices for raw foods and high yield of the last year.
The price rise for goods and services, regulated manually, has slowed down to 0.5%. The price for fuel also tends to slowdown - down to 10% as of May.
The NBU also informed that price rise rate for industrial production continues declining, making 4.3% as of May, due to the decline of the world demand for industrial goods.
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