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Ukraine’s inflation could top 20% this year, economists say
Journal Staff Report

KIEV, June 12 – Experts believe average yearly inflation in Ukraine may top 20% in 2008.

"According to pessimistic calculations, the [average yearly] inflation will top 20% in 2008 and will be between 22% and 24%," Veronika Movchan, the director for scientific work at the Institute for Economic Research and Policy Consulting, said at a roundtable at Interfax-Ukraine.

Valeriy Chaly, the director for international programs at the Razumkov Center, said in turn that the inflation forecast published by the government on Wednesday was unrealistic.




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