The inflation rate in Ukraine falls for the fourth year in a row, head of the group of advisors to the NBU governor Valeriy Lytvytsky told a press conference "Price situation in Ukraine in 2012", ForUm correspondent reports.

"The inflation rate has been reducing for four years in a row for the first time in the history of hryvnia. In 2012, the historic inflation index of 0.6% was registered," he said.

Lytvytsky noted that similar situation was observed in Ukraine for not such a long period of time in 2001-2002.

"In 2002, in comparison with the same period of 2001, the consumer price inflation index of 0.8% was recorded. In the last year, compared with 2011, it was 0.6%. We believe that this is a maximum approaching to the level of hryvnia price stability," the head of the group of advisors to the NBU governor said.

He added that during 2012 Ukraine experienced the processes of deflation and inflation, and there were two months, when this rate remained at zero.

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