The report says that this information is based on preliminary estimates of the National Bank. It is also reported that as a result of this, the rise in price of raw food products and the increase in tariffs for administratively regulated services.

According to the National Bank, in April 2017, consumer inflation was expected to slow to 12.2% year-on-year.

This happened primarily as a result of the exhaustion of the effect of the effect of the statistical base.

At the same time, the National Bank was informed that the stable situation in the financial market led to an improvement in inflation expectations and, as a consequence, the core inflation in April remained unchanged at 6.3%, while the National Bank expected its slight acceleration.

Earlier, URA-Inform reported that in April, the NBU reduced the discount rate to 13%.