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GISMETEO.RU
UJ Week
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Business    

Threat of inflation outweighs that of slowdown, says NBU advisor
Journal Staff Report

KIEV, Oct. 11 – The rise in inflation to 2.9% in September should not be dramatized, but it is necessary to note that a high inflation rate is a greater threat than the further weakening of economic growth, said Valeriy Lytvytsky, the head of the Advisers Group of the National Bank of Ukraine.

“As far back as in July or August there was a hope that these risks would remain synchronous, but at present I see asynchronicity and misbalance: in September the rise in inflation became the main macro risk,” he said.




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