Kiev announces 44% inflation in 2015
‘Ukraine’s Central Bank has reported a 44 percent hike in inflation this year. However, Kiev’s economists are optimistic about 2016 as they announced a 12 percent inflation target.
According to Central Bank head Natalya Gontareva, the 44 percent rise is an improvement on 60.9 percent inflation in April.
“Our end target is 5 percent inflation. We want 12 percent in 2016, 8 percent in 2017, 6 percent in 2018 and 5 percent at the end of 2019,” she said.’
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