Ukrainian deputy director says economy is ‘enjoying’ deflation
Ukraine's economy is being supported by a very low rate of inflation, with annual inflation standing at –0.2% in January, according to Oleksandr Arseniuk, a deputy director at the National Bank of Ukraine.
During a presentation on recent money market trends, Arseniuk said: "The low-inflation environment ensures the protection of private economic interests of each Ukrainian citizen and attainment of strategic economic development objectives."
Arseniuk emphasised that the central bank was
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