NBU: the first time since 2004, inflation fell to single-digit level

The macroeconomic environment of 2010 and early 2011 was better than expected domestic experts and international financial institutions. As a result - decreased macro risks. This was stated by head of the National Bank of Ukraine (NBU) Sergey watermelons in a video message on the site NBU. He noted that for the first time since 2004, inflation fell to single-digit level. "9,1% (inflation rate - Ed.) For 2010 and 7.2% in February, in annual terms. However, the level of core inflation (that is an indicator that most closely reflects the action of monetary policy NBU) has a tendency to decrease, "- said the head of the NBU. He said that according to calculations NBU, each percent inflation eats up nearly 4 billion hryvnia purchasing power of deposits. "We have reduced inflation by 4 percentage points of the projected state budget in early 2010. What is it good? People saved at least 16 billion USD of their savings. In other words, when wages in 2050 hryvnia (the average in the economy) due to falling inflation Ukrainian saved monthly 90 hryvnia - said Arbuzov. The materials FINANCE.UA