The NBU did quarterly inflation forecast to 2019

НБУ сделал поквартальный прогноз инфляции на 2019 год

The national Bank announced the inflation forecast 2019

In the I – IV quarter of 2019, according to the forecast, inflation is expected to decline from 5.75% ± 2 percentage points in March to 5% ± 1 percentage point at the end of December.

In the I – IV quarter of 2019, inflation is expected to decline from 5.75% ± 2 percentage points in March to 5% ± 1 percentage point at the end of December. This is stated in the NBU adopted the Basic principles of monetary policy for the year 2019 and medium term, says the Voice on Wednesday, September 12.

“The basic principles define a quantitative target for inflation to 5% in the medium term”, – stated in the message.

This assumes such quarterly indicative trajectory of growth of the consumer price index in annual terms:

– March 2019 is 5.75% ± 2 p. p.;

– June 2019 of 5.5% ± 2 p. p.;

– September 2019 at 5.25% ± 2 p. p.;

– since the end of December 2019 – 5% ± 1 PP.

Earlier, Prime Minister Vladimir Groisman said that next year inflation will not exceed 10%.

Also, the national Bank said that in 2020 the inflation will slow to 5%.

 

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