The national Bank expect inflation

В Нацбанке ожидают снижения инфляции

The national Bank has forecast inflation

This year’s expected inflation is 8%, and 6%.

This year, inflation is expected at 8% plus or minus 2%. And in 2018 at 6% plus or minus 2%. This was reported on the website of the national Bank.

Inflation in annual terms will remain high during the first three quarters of the current year under the influence of the base effect and return to a definite level only in the fourth quarter.

The national Bank said that Ukraine’s economy continues to recover, which stimulates the growth of demand for labor.

Under the influence of this factor, and also due to the increase in the minimum wage, real wages in January grew by 21.4% in annual terms. This creates the preconditions for the resumption of price pressure from the consumer demand.

Inflation in January accelerated to 12.6% yoy as a result of rising production costs after wage increases and rising raw material prices on world markets and the devaluation of the hryvnia in late 2016 – early 2017. In February, inflation continued its expected to accelerate primarily as a result of the base effect.

We will remind, earlier the Ministry said that the Ukrainian economy grew by five percent.

Experts called the cause of high inflation in Ukraine
Source