World Bank: inflation in Ukraine will accelerate to 40%

29 April 2015 14:39  1897611 098616
World Bank: inflation in Ukraine will accelerate to 40%

The World Bank expects acceleration of consumer inflation in Ukraine in 2015 to 40%.

This was reported by the economist of the World Bank in Ukraine Anastasia Holovach during the presentation of a new economic survey and macroeconomic forecast for Ukraine at the WB office, the UNIAN reported.

"Inflation will remain high. At the end of this year, we expect that consumer price growth may be around 40%," - Holovach said.

As reported, the NBU expects 7.5% GDP decline in 2015 with 30% inflation, and 3% GDP growth in 2016 with 13-14% inflation.

Recall that the National Bank estimated the GDP decline in Ukraine in the first quarter of 2015 at 15%.

Post comment

Users posting offensive comments as to other participants of discussion will be banned by moderator without prior warning or explanation. The information related to these users may be provided to law enforcement authorities upon relevant request.Links and advertising messages are prohibited in the comments!

No comments