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                        THURSDAY, JANUARY 23, 2020
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Goldman Sachs sees Ukraines inflation accelerating to 5% in 2020
Journal Staff Report

KYIV, Jan 10 Goldman Sachs predicts the increase in inflation in Ukraine by 4.1% in 2019 and to 5% in 2020, according to the materials of the bank.

The bank said that the basic pace of inflation will remain moderate.

The forecast is based on a projection of the stable hryvnia exchange rate movement.

At the same time, Goldman Sachs analysts forecast a further reduction in the refinancing rate of the National Bank of Ukraine at a meeting of the monetary policy committee scheduled for January 30 from the current 13.5% per annum to 12.5% or lower. The baseline scenario provides for a reduction in the refinancing rate by 4 parentage points, to 9.5% per annum at the end of 2020.




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Currencies (in hryvnias)
  22.01.2020 prev
USD 24.26 24.33
RUR 0.392 0.395
EUR 26.97 26.96

Stock Market
  21.01.2020 prev
PFTS 505.5 505.4
source: PFTS

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