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Society 1 min read Source: Електронні Вісті

The Ministry of Economic Development and Trade announced the forecast for inflation until 2022

The Ministry of Economic Development and Trade announced the forecast for inflation until 2022
photo Електронні Вісті

The Ministry of Economic Development, Trade and Agriculture has developed two scenarios regarding inflation expectations for 2021-2022. This was written on Facebook by Minister of Economy Timofei Milovanov.

According to the basic forecast, inflation is expected in 2020 at the level of 5.5%, in 2021 - 5.3%, in 2022 - 5.1%.

Optimistic forecast for inflation: 5.8% in 2020, 5.0% in 2021 and 2022.

According to Milovanov, the difference between basic and optimistic forecasts is due to the level of investment in the economy. " In order for this scenario to be realized, we need a better business climate, the absence of corruption in government and in the localities, a functioning judiciary, and reforms (including a liberal land market and privatization), ”the Minister wrote.

He also noted that under the optimistic scenario, inflation will be slightly higher in the first year, by 0.3%. “Due to increased activity due to investments,” Milovanov explained.

At the same time, in 2021-2022 inflation will be slightly lower - by 0.3% and 0.1%, respectively, which will be associated with "

The National Bank presented a forecast according to which in 2019 inflation will decrease to 6.3%. The forecast for core inflation has been reduced to 5% in 2019 from 8.7% in 2018, and no more than 4% in 2020-2021..

In 2018, consumer price growth in Ukraine slowed down to 9.8% from 13.7% in 2017. Reports about it " Ukraine"

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