Ukraine: consumer prices down in August 2020

Consumer inflation in Ukraine in August decreased by 0.2% MoM, according to the State Statistics Service. Consumer prices in August decreased by 0.2% compared to July, but increased by 1.2% compared to December 2019 and by 2.5% compared to August 2019. In general, in January-August, prices on the consumer market rose by 2.4% YoY. Core…

Ukraine: Oschadbank to join Deposit Guarantee Fund

JSC Oschadbank will join the Deposit Guarantee Fund from January 1, 2021 after introducing appropriate changes to the Ukrainian legislation, according to the Finance Ministry. The plan on Oschadbank’s joining the Deposit Guarantee Fund was approved at a regular meeting of the Financial Stability Council on September 2. According to the ministry, due to a…