IMF expects inflation in Ukraine to slow to 9% in 2018

The inflation may decelerate to 6.2% in 2019.

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The International Monetary Fund (IMF) expects a slowdown in consumer price growth in Ukraine from 13.7% in 2017 to 9% in 2018.

Read alsoIMF improves forecast of Ukraine's economic growth to 3.5%

The IMF also predicts inflation in Ukraine in 2019 is expected to decelerate to 6.2%, according to the IMF's World Economic Outlook.

The IMF estimates the average annual inflation rate will be 10.9% in 2018 and 7.3% in 2019.

UNIAN memo. Inflation in Ukraine in August 2018 was estimated at 9% year-over-year, accelerating from 8.9% in July 2018.

The National Bank predicts inflation by the end of 2018 at the level of 8.9%, which almost corresponds to the government forecast set at 9%.

The International Monetary Fund and the World Bank expect this year's inflation in Ukraine to reach 10%.

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