Kiev. Ukraine. Ukraine Gate – February 04, 2021 – Economy
Prime Minister Denis Shmygal says inflation, which will accelerate in the first half of 2021, should help warm up the economy.
He said this during a general meeting of the European Business Association “Global Review of Ukraine’s Economy”.
“Based on the analysts of the Ministry of Economy of macroeconomic indicators, the National Bank, we say that we expect growth at 4.6% of GDP, we expect an insignificant level of inflation, in terms of the NBU it is 5% + 1 pp, the Ministry of Economy is slightly higher than the forecast. We are interested in inflation today, in economic terms, to warm up the economy and provide even better opportunities for development and GDP growth, ” said the prime minister.
According to him, all reforms are moving and will move on.
As Ukrainian News Agency earlier reported, in October 2020, the core consumer price index increased by 0.8%, and from the beginning of the year to this month – by 3.4%. At the same time, in September, the increase in the core consumer price index amounted to 1.1%.
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