The National Bank of Ukraine expects the inflation rate in the second quarter of 2015 to exceed 50% due to the growth of prices for communal tariffs, compared to the second quarter of 2014.
Director of the Monetary Policy and Economic Analysis Department of the NBU Serhiy Nikolaichuk has stated.
"We expect that in the second quarter, the annual inflation is likely to exceed 50%. First of all, it will be associated with an increase in tariffs for housing and communal services. At the same time, there are other factors that affect the inflation rate, such as food products and non-food products, market services, all other factors that have to be anti-inflation," Nikolaichuk said.
According to him, the intensification of inflationary pressures as a result of hryvnia devaluation was not a big surprise, perhaps, only the pressure capacity exceeded expectations.
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