Annual inflation in June was 2.4%, slightly higher than 1.7% in May.

Friday, July 10, 2020
Annual inflation in June was 2.4%, slightly higher than 1.7% in May.

Annual inflation in June was 2.4%, slightly higher than 1.7% in May. Last year, inflation was 4.1%, less than half the 9.8% recorded in 2018. President Zelenskiy told former central bank governor Yakiv Smoliy that he wants inflation this year to go up to 9-10%. Zelenskiy believes that by printing money, the government can cover the budget deficit and produce signs of economic growth by the Oct. 25 local elections.

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post
Ecolines resumes bus service from Kyiv to Moscow today and from Kyiv to St. Petersburg on Saturday.

Ecolines resumes bus service from Kyiv to Moscow today and from Kyiv to St. Petersburg on Saturday.

Next post
Ukraine must preserve the independence of the central bank under the next governor as part of the $5 billion IMF deal,

Ukraine must preserve the independence of the central bank under the next governor as part of the $5 billion IMF deal,

Previous Main Topics