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Date: 7 months ago   Category: Economics

Analysts of Reuters read the forecast for inflation in Ukraine

Next year inflation can decrease, thanks to the tough monetary and fiscal policy conforming to requirements of the International Monetary Fund. Such conclusion was drawn by participants of monthly poll of Reuters.

According to the forecast of analysts, in 2019 inflation can decrease to 7.5% from 10% expected at the end of 2018 and 13.7% in 2017. we Will remind

, in October Kiev reached the preliminary agreement with the IMF on the new stand-by program for the sum of $3.9 billion. The new 14-month program will be directed, mainly, to further fiscal consolidation, decrease of the inflation rate and also to reforms of tax administration, financial and power sectors.

In Reuters reminded that inflation in Ukraine in August and September, 2017 jumped up higher than 16%, contrary to the aspiration of the authorities to achieve its delay to less than 10% that forced National Bank six times to raise discount rate within 12 months.
Analysts expect decrease in a key interest rate of the central bank next year from 18% to 16% if the program of the IMF is carried out.
of gogetnews Anatoly Vasilyev 8-11-2018, 23:35 0


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