The national Bank of Ukraine predicts that the acceleration of inflation in the current year up to 25%of the country's GDP will decrease by 7, 5%, said during the 5th Ukrainian investment forum, the head of the regulator Valeria Gontareva.
" Now inflation is 20% until the end of the year will accelerate to 25% ", - quotes Gontareva. First national Bank's forecast for inflation was 19%. According to official data of state statistics service of Ukraine, the growth of consumer prices in the country according to the results of 2013 amounted to 0, 5%. In the budget for this was laid inflation in 4, 8%.
in addition, the national Bank also downgraded its forecast for the GDP decline for the year will be 7, 5%. First, the Ukrainian government had forecast a decline in GDP in 2014 at 5%. The national Bank of Ukraine at the beginning of November had Already adjusted annual forecast from the decay of GDP to 7%.
" Unfortunately, I have to state that Ukraine's economy continues to decline. According to our estimates, GDP In the current year will be minus 7, 5% in the coming year minus 4, 3%, " said Gontareva.
currently, Ukraine is in a difficult political crisis, which affects its economy and the public sector. In fact, the country is on the verge of default. The European Bank for restoration and development predicted reduction of the country's GDP by 7%, Fitch - 5%. The authorities have a hope to save the economy through external borrowing.
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