The 2009 inflation rate giving grounds to predict it at 9.7% in 2010, Danylyshyn – 20.01.2010

Ukraine’s Economy Minister Bohdan DANYLYSHYN said, “Taking into account that inflation for the whole of 2009 reached 12.3% the 2010 inflation forecast of 9.7% for 2010 can be considered as quite realistic.”
 
He added, “Taking into account the inflation rates of 0.9% for December and 12.3% for the year, the rate of 9.7% can be considered achievable in 2010 owing to the government’s actions.”

 

B. DANYLYSHYN emphasized that all the government’s efforts this year will be aimed at stabilizing the economic situation to stimulate improvement of the real economy.

 

“I believe that, owing to the steps made by the government and personally by the Prime Minister, we shall be able to achieve control over the situation and do our best to attain the suggested macro-indicators for 2010,” said B. DANYLYSHYN.

 

According to the state Statistics Committee of Ukraine, Ukraine’s inflation was 0.9% in December 2009 against November and 12.3% since early the year (against December 2008). The inflation was at 15.9% in January / December 2009 compared with this same time in 2008.

 

The following are the forecast macro-indicators built into the draft law “On the 2010 State Budget of Ukraine” submitted by Ukraine’s government: nominal GDP at UAH 1,178.6 Bl, GDP growth rate at 3.76%, inflation at 9.7%, and labor compensation fund at UAH 331 Bl.