KIEV, March 17 - Tough anti-inflation monetary measures could lead to a fall in industrial output, according to Economy Minister Bohdan Danylyshyn.

"In the short-term, the use of tough monetary measures for the sake of cutting inflation would only lead to a fall in industrial activity," Danylyshyn said.

The minister said that a significant factor in the acceleration of price growth is high inflation expectations, which are stirred by statements by political opponents in Ukraine.