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Inflation in Ukraine set to rise to highest level since 1996
烏克蘭通脹率降至十年來最高水平
Inflation in Ukraine is set to rise to its highest level since 1996 due to a sharp slump in the national hryvnia currency and a rise in utilities prices under an IMF bailout program.
According to a survey by Reuters, analysts of 14 Ukrainian banks and brokerages see inflation accelerating to 36 percent in 2015 from 24.9 percent last year. Spiralling prices and the central bank's tough monetary policy are seen as limiting the level of lending needed for the country's economy to regain its footing.
Last month, analysts forecast lower annual inflation, at 31.8 percent. But expectations worsened after the index of consumer prices jumped in March.
In 1996, consumer prices rose 39.7 percent as Ukraine endured almost a decade of economic problems following the collapse of the Soviet Union.
