For eight months of 2012, the core inflation in Ukraine has amounted to 1.6%, head of the medium-term and macroeconomic forecasting office of the department of economic analysis and forecasting of the NBU Artem Andryushchenko said at the VII Fitch Ratings Annual Conference, ForUm correspondent reports.

According to the expert, this macroeconomic indicator should not be confused with consumer price inflation, which amounts to zero. "And the core and consumer inflation in the country has been also reducing since 2009. And this happens under conditions of the domestic demand activation associated with increase in real wages by 13.9% for eight months," the economist noted.

Andryushchenko also said that decline of the state debt regarding GDP to 35.2% is a very important factor. "This is a good signal that disproves negative forecasts. And we have better results than many other developed countries," the financier summed up.


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