The core inflation excludes short-term erratic price changes under the influence of certain factors, Correspondent reports.
In May the core inflation slowed down to 0.2% from 0.6% in April, 1.9% - in March, State Statistics Service reports.
Thus, on a year-on-year basis (versus the same months of the previous year) as per results of May the core inflation decreased to 8.8% from 10.6% as per results of April, which became its lowest value since May 2014.
Since the beginning of the year the base inflation in the country made up 3.1%, while for the same period of previous year – 27.7%.
The core inflation excludes short-term erratic price changes under the influence of certain factors, which have administrative, eventual, seasonal nature. Predominantly it refers to price dynamics, which does not account for price changes for food and energy carriers, in particular, tariffs.
The core inflation in Ukraine in 2015 speeded up to 34.7%, after 22.8% in 2014 and 0.1% in 2013.
