Fitch predicts inflation at 13% in 2010 – 08.02.2010

Fitch Ratings demonstrate that Ukraine will have inflation of 13% in 2010, the agency's press service has reported.

 

Fitch says that a global economic recession, particularly high prices for steel, will raise risks facing Ukraine. The agency also forecasts that the sector of issued loans would fall to around 3%. According to Fitch's analysts, growth in the country's banking sector will remain moderate in 2010 and will hardly exceed the level of inflation.

 

 

 

NRCU