The Ministry of Economy told what inflation will be in the end of the year

22 December 2017, 08:33 | Business
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Ministry of Economic Development and Trade forecasts inflation at 13.4% at the end of the year. This was during a final press conference in the Cabinet, said Deputy Minister of Economic Development and Trade of Ukraine Mikhail Titarchuk, reports Ukrinform. "As for inflation, for today for 11 months we have 12.5% ??... by the end of the year we expect inflation of 13.4%," he said.. In turn, Deputy Minister of Economic Development and Trade Maxim Nefedov said that in the inflationary process in Ukraine they do not see the effect of the abolition of state price regulation, and the rise in inflation is associated with the growth of the cost of utilities. "In the growth of inflation, we see a component of public services and energy resources, this is an open market. Fluctuations in oil and gas prices are objective and market. We would really like to see prices go down, but they fluctuate, "he said.. Recall, the NBU expects inflation in 2017 between 12.2% and 13.6%.

Original article: The Ministry of Economy told what inflation will be for the year.




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