The National Bank of Ukraine has kept interest rates at 30%.
The increase in the consumer price index in May was 58.4% during the year, noted in the National Bank of Ukraine.
The Monetary Policy Committee of the National Bank of Ukraine has decided to maintain interest rates at 30%.
“The committee members noted a slight decline in inflation risks, despite the persistence of high inflation. The increase of consumer price index in May was 58.4% during the year (down from 60.9% in April). The moderating influence on price dynamics happening in the including by strengthening the hryvnia rate since April, the US dollar and a narrowing of the range of its fluctuations,”- says a message on the official website of the regulator.
In NBU said that the improvement of the situation on the currency market and the stabilization of expectations contributed to the return of deposits in the banking system. Their amount in the national currency since the beginning of June increased by 1.9%.
Despite the stability in the monetary market and the low aggregate demand, the committee expects inflation to continue slowing in the coming months.
