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Inflation rate in Ukraine to reach 13-14% by end of 2009

Posted by the Editor on December 29, 2009


News / 29 December 2009 | 10:40

Inflation rate in Ukraine to reach 13-14% by end of 2009

According to the First Deputy Head of the President’s Secretariat Oleksandr Shlapak, inflation rate in Ukraine will reach approximately 13-14% by end of 2009. He also noted that the inflation index actually coincides with the Secretariat’s forecast made at the beginning of 2009.

As regards the 2010 inflation rate, Shlapak noted that it must also be about 14-15%, Ukraine will hardly manage to have one-digit inflation rate next year.  He expressed confidence that in 2010 it would be necessary to liberalize prices in gas, energy and public utility sectors.

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