Consumer prices in Ukraine, which remained stable in October, fell in November 2012 by 0.1%, the State Statistics Service said on Thursday.

According to the service, in annual terms (compared to the same month of 2011) after three months of zero figures deflation of 0.2% was fixed.

The service said that since the beginning of this year consumer prices in Ukraine have decreased by 0.4%.

As reported, inflation in Ukraine in 2011 slowed to 4.6% from 9.1% a year ago and reached a record low indicator since the announcement of independence in 1991. Previously the best result was 6.1% in 2001. In addition, in 2002 a deflation of 0.6% was recorded.

Monthly deflation of 0.2-0.3% was recorded in the country from May. In September inflation of 0.1% was observed.

The government expected inflation in 2012 to accelerate to 7.9% and has not changed the forecast on which the 2012 national budget is based.


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