IMF forecasts inflation level in Ukraine in near future

IMF forecasts inflation level in Ukraine in near future

Ukrinform
According to the IMF, after the completion of the second review on Ukraine a significant decrease in the level of inflation to 13.5% is expected in the country by the end of this year.

This has been stated in the IMF report; its text is available in the publications of the Ukrainian media.

"Inflation reached 38% in 2015 (as it as forecasted in the first revision). It is envisaged that inflation decreases rapidly to 13.5% in 2016," reads the document.

A decline in inflation to 6% is predicted in the medium perspective due to persistent economic indicators and fuel prices.

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