KIEV, July 19 – The target of 5% to 6% inflation, envisaged in a program of economic reforms drafted by President Viktor Yanukovych, may be attained by the end of 2012 Ihor Shumylo, executive director for economic issues of the National Bank of Ukraine forecast at a roundtable.

"I believe that even taking into account the increase in tariffs for gas, electricity, housing and utilities, it is possible to keep inflation in 2010 at a level lower than last year, which is less than 12% and core inflation less then 10%. Of course, certain administrative price increases will occur even in 2011-2012.