KIEV, Oct. 18 - Ukraine's GDP in 2007 will grow by 6.7%, average annual inflation will be 11.5%, and inflation from December to December will be 11%, according to the World Economic Outlook of the International Monetary Fund (IMF) on Spillovers and Cycles in the Global Economy.

In April, the IMF forecast that the Ukrainian economy in 2007 would grow by 5%, and average annual inflation would be 11.3%. The official forecast of the Ukrainian government for GDP growth is 6.5% and for inflation December to December up to 10%.