Tuesday, November 1, 2011

NBU forecasts in 2011, keeping core inflation within single-digit

The objectives of the NBU in 2011, is to keep the level of core inflation within single-digit in 2010, says in a statement the Director General, Economic Department, I. Shumilo on "Assessment of the macroeconomic situation and prospects for 2011." Just the NBU in 2011, predicts the decline in core inflation below the single-digit in 2010, despite the content of the official measure of inflation at a relatively high level. Estimated the NBU in 2011 will reduce the overall consumer price index (CPI) to a level no higher than 5% in the medium term. Source: RBC-Ukraine

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