KIEV, May 6 – The government's current forecast for 2015 consists of three scenarios with December-over-December inflation: 26.7%, 38.1% and 42.8%, but none of the figures could be used as the target of the monetary policy, as even the lowest rate is at variance with the notion of price stability, according to the Council of the National Bank of Ukraine.

"Under such conditions, the key task of the monetary policy for 2015 is to rein in year-over-year inflation as much as possible to break its spiraling dynamics and lay the basis for achieving the medium-term goal (from three to five years): a decline in inflation to 5% per year with a possible deviation by one percentage point up or down," the NBU Council announced in the updated monetary policy guidelines for 2015.