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Ukraine’s weak inflation may pose problem for economy, minister says
Journal Staff Report

KYIV, June 16 – Ukraine’s weak and slowing inflation may be posting a serious problem for the economy, Ihor Petrashko, Minister of Economic Development, Trade and Agriculture, said.

"The macroeconomic forecast, which became the basis of the budget, provides for inflation of around 11%. The NBU [the National Bank of Ukraine] envisaged inflation near 5-8-6%. We now have a disastrous situation with inflation. This is a very bad trend," he said at a press conference in Kyiv on Tuesday.




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