KIEV, Aug. 27 – Energy and food price increases, coupled with Ukraine’s political crisis, could force the government to upwardly revise its 2007 inflation forecast once the election is over and the country’s economic results through Sept. 30 are available, while the GDP forecast is expected to hold steady, according to Economy Minister Anatoliy Kinakh.
The government currently forecasts a slowdown in GDP growth from 7.1% to 6.5% in 2007, and inflation slowing from 11.6% to 7.5%.
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