President of Ukraine Petro Poroshenko says he expects that the average inflation in 2017 will not fall below a 10% mark.
“Inflation, the burden of high prices is what people care about the most. I hope that this year it will be measured by a simple number below ten. Our joint task until 2019 – we must reach the annual inflation rate of about 5%,” he said during an open meeting of the Regional Development Council in Kyiv on March 20.
President Poroshenko also reminded that Ukraine’s inflation rate jumped to 43% in 2015.
“It’s terrible to recall that it totaled 43% per annum the year before last. But we managed to tame it,” he noted. (Ukrinform/Business World Magazine)