Inflation in Ukraine in 2012 not to exceed 4-5%, says official

14:01, 07.11.2012 1 min read

Inflation in Ukraine in 2012 will not exceed 4-5%, according to Economic Development and Trade Minister of Ukraine Petro Poroshenko.

"From my point of view, it [inflation] December on December will not exceed 4-5%," he told journalists in Kyiv on Wednesday.

The minister said that inflation could grow in November and December.

"Maybe in November and December certain growth in inflation [will be seen]. I don't think this would be good for the economy," he said.