World Bank Worsens Inflation Forecast in Ukraine
OREANDA-NEWS. On April 07, 2008 the World Bank has worsened Ukrainian inflations forecast from 13,8% to 17,2% in 2008, reported the Official website www.kmu.gov.ua.
The GDP forecast for 2008 is uncharged – 5,5%.
Under the forecast, the 2009 inflation will be 13%, and 9,9% in 2010.
In late January, the World Bank preserved GDP rise forecast for Ukraine at the level of 5,5%, and worsened inflation forecast from 9,6% to 13,8% in 2008.
In March, inflation was 3,8%, and in January - March 9,7%.
The 2008 budget was based on inflation forecast of 9,6%, with a real GDP rise of 6,8%.
The 2007 inflation totaled 16,6%.
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