KIEV, April 9 – The acceleration of industrial price growth in Ukraine to 3% in March from 1.9% in January and February is evidence of a rise in economic activity last month, according to Valeriy Lytvytsky, the head of the group of advisors to the National Bank of Ukraine's governor.
"If consumer prices growth in March slowed, industrial prices growth sharply increased. Two conclusions could be made from this: consumer inflation has the potential for growth, and the economy has a potential for GDP growth. We should prevent the first process and promote the second one," he told Interfax-Ukraine.
|