KIEV, Dec. 17 – Ukraine's economy may expand 3.5% on the year in 2010 with inflation at 11.8%, according to a consensus forecast by 15 economists polled by Expert business magazine.

The growth forecasts by the economists ranged between 0.5% and 5%, while the same range for inflation was between 9% and 20%, according to the magazine.

The economy is expected to recover from the worst economic slump that Ukraine has experience since the collapse of the Soviet Union in 1991.