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Finance Minister wants to keep inflation at 10% despite July spike
Journal Staff Report

KYIV, Sept 6 – Finance Minister Serhiy Marchenko said the government hopes to be able to keep inflation within 10% in 2021 even as consumer prices index has already exceeded that target in July.

"There are hopes that it will be possible to keep inflation within 10%, not exceeding 10%," he said during the Ukrainian Financial Forum, organized by ICU.

According to the State Statistics Service, inflation in July 2021 in Ukraine increased to 10.2% in annual terms, while in June this figure was at the level of 9.5%. At the same time, the NBU expects that by the end of the third quarter, inflation will peak this year at 11.2%.




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