The national Bank of Ukraine (NBU) expects consumer inflation at 12% at the end of 2016, said head of the NBU Valeria Gontareva during the Ukrainian financial forum in Odessa.
"We are confidently marching towards its goal with the level of consumer inflation 12% at the end of this year. The increase of tariffs for communal services will lead to a certain acceleration of inflation in the last months of the current year. However, it will be in the predicted range ", – quotes its words news Agency.
in mid-September the national Bank of Ukraine adopted a decision to reduce the discount rate from fifteen, 5% to 15%. Ukraine is experiencing a severe economic Crisis and political power. Last week, Kiev said about taking from the IMF tranche of aid to $ 1 billion – the amount was one and a half times less than expected by the Ukrainian authorities. The IMF issued $ 1 billion may be enough just to patch the existing hole in the budget in 22, 8 billion hryvnia (0, 87 billion dollars). To exit from the fall, experts underline that the need for Ukraine to learn more to earn than to spend, however far from it on the background of breaking ties with Russia. In September the new price Increase brought the level of communal services in Ukraine to the level of average salaries in the country. Documented record a decrease in the level of life satisfaction, in 2015, it fell to 4 points on a 10-point scale. The number of those who consider themselves poor in one year has reached 79%. The fall of the economy of Ukraine by results of 2015 was 10%, industrial production decreased by 13, 4%. Mining operations in the country in 2015 decreased by 14, 5%. Food production fell by eleven, 2%, in metallurgical industry the production decreased by 16, 4%, in mechanical engineering – 14, 6%. Retail trade turnover decreased by 20, 7%.