factor, which affects the development of inflation in August this year, had high grain yield and the downward trend in sales prices of agricultural products. This is stated in the press service of the Ministry of Economics with reference to the Minister of Economy Bohdan Danylyshyn posted on the official website of department.
B. Danylyshyn also explains the deflationary process in August of the deposit activity of the population and the negative growth rate of monetary aggregates.
The Ministry believes that in general the major factors in the formation of a deflationary dynamics in the food marketis to implement anti-inflationary measures by the Government and National Bank, as well as the spread of the seasonal trend of declining prices for some commodity groups.
precipitating cause for inflation in August, according to B. Danylyshyn were administrative decisions - increase in excise tax rates led to a rise in price of excisable goods, particularly tobacco. In addition, inflation has spurred higher prices for fuel and lubricants in the domestic market under the influence of world market prices and increasing taxes on oil exports from Russia.
As reported in Ukraine in August 2009 to July of this year deflation amounted to 0,2%, by August 2008 - inflation is 15.3%. Since the beginning of the year inflation amounted to 8,2%.
In August, food prices decreased by 0,3%, meat and meat products - by 0,2%, vegetables - by 5,3%, bread and cereal products - rose 0.2%, alcohol and tobacco products - by 2,3%, sugar - by 8,5%.
State Budget of Ukraine for 2009 is calculated on the basis of inflation 9,5%.
To date, international financial institutions predict that the size of inflation for the year in Ukraine at 13%.
The most highly paid soccer coach of the world working in Uzbekistan Average fund-raising in the next four months should grow by 35 %...
Access to news sites in China now - only on the passport
Ukraine started harvesting beets and sunflower
Danilishin: Problems with sugar on the Ukrainian market there is speculation
Good morning! Information Group Finam.ru and Investment Company Finam Welcome to your site and wish you good day!
News von Monday is not an abundance of different events can seriously affect the movement of major currency pairs
Experts: repo operations will increase the activity of trading and liquidity of the stock market
Reports on the Implementation of the budget: where to get 33 billion?
The rise of European indices takes third consecutive trading