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GISMETEO.RU
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Business    

Utility tariff rises generating record inflation, government reports
Journal Staff Report

KIEV. May 6 – The 5.5-fold increase of natural gas tariffs in April and 33.6% rise of electricity tariffs has resulted in the acceleration of inflation to 14% in a month or to 60.9% in annual terms – a record over the past 20 years, the State Statistics Service reported on Wednesday.

The service said that inflation was higher in September 1995 (14.2%) for a month and in annual terms in September 1996 (63.4%).




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