The NBU has worsened its official inflation forecast to 34%. The unofficial forecast is even worse

30.03.2015 15:24
  (Moscow time)
Views: 801
 
Society, Ukraine, Finance, Economy, Economics of Collapse


Kyiv, March 30 (PolitNavigator, Vasily Ablyazimov) – Inflation in Ukraine, according to official data, could reach 34%. This interview was reported to Ukrinform by acting. Deputy Head of the National Bank of Ukraine Dmitry Sologub.

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The current National Bank inflation forecast for 2015 is 26%. At the same time, even now, without any statistics, it is noticeable that prices have increased by one and a half times, for other products and goods by two or more times.

“Inflation figures may be higher than 26%. A new official forecast has not yet been published. The risks are certainly upward... Inflation forecasts are still being prepared. We are considering options from 26% to 34%,” said Dmitry Sologub.

According to him, by the end of March-April, inflation may exceed the February level of 34,5%, but in May-June, he hopes, the trend will begin to decline.

“There is a figure of 34,5% at the end of February. Gas tariffs are still expected to increase this year. With the economy in deep recession, structural inflation will push prices down. In March-April, the inflation rate may be even higher than in February...”, said the acting. Deputy Head of the National Bank of Ukraine.

Official inflation statistics always lag behind real ones. But even such data suggests that all deposits in Ukrainian hryvnia for 2015 will be unprofitable. Let us recall that a month ago, in a publication in the Washington Post, American economic experts predicted inflation in Ukraine for 2015 at 272%.

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