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National Bank raises inflation forecast for 2017

National Bank raises inflation forecast for 2017
3 of February 2017 г.
The National Bank of Ukraine has raised its inflation forecast for this year from 8% to 9.1% due to increase in the minimum wage up to UAH 3,200 starting from January 1, 2017.

This is stated in the inflation forecast for January, released by the National Bank - Ukrinform.

"The National Bank has revised the inflation forecast for 2017 and increased it from 8% to 9.1%. The forecast for 2018 has not changed and totals 6%. As before, the predictive assessment of the National Bank remains within the announced inflation targets," the statement reads.


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