Current year may be deflationary first time since 2002 in Ukraine - Forex Club analysts
2012-12-10 15:51:55
By results of the current year, low inflation or even deflation may be fixed in Ukraine.
Analysts of the Information-Analytical Center Forex Club in Ukraine believe, the UKRINFORM correspondent reports.
“It is not worth expecting a substantial jump of prices in December. Therefore, the current year may be deflationary for the first time since 2002,” Center head Mykola Ivchenko maintains.
According to him, in December, the inflation rate traditionally coincides with the November indexes, and if there is an excess, it is insignificant. In addition, there are not many economic grounds for speeding up the price growth. Growth remains weak in Ukraine, and the situation in the world economy is instable, and recession in the Eurozone only strengthens.
In the expert's opinion, inflation expectations among population fell from their peaks at the beginning of the year. World prices for oil and fuel remain stable in Ukraine, and the NBU monetary policy - moderate.
In November, deflation made up 0.1% against zero inflation in October. Since the year start, deflation was fixed at the level of 0.4% in Ukraine.