REUTERS
In 2021, inflation will slow to 5%, WB reports.
The World Bank in its outlook predicts further consumer inflation slowdown in Ukraine, to 5.5% in 2020.
That's according to Anastasia Holovach, the economist with the World Bank's Ukraine office.
During a Kyiv presentation, she noted this year inflation in Ukraine had slowed significantly.
"We expect its further decline in 2020 to the level of 5.5%," said Holovach.
According to the World Bank economic outlook, in 2021, consumer inflation in Ukraine will slow to 5%.
Read alsoWorld Bank estimates Ukraine GDP growth over nine months at 3.7%-3.8%
As UNIAN reported earlier, inflation in Ukraine in October 2019 was down to 6.5% in annual terms from 7.5% a month earlier.
In 2018, inflation in Ukraine slowed to 9.8% against 13.7% in the previous year, becoming the lowest over the past five years.
The International Monetary Fund suggests a slowdown in inflation in Ukraine to 7% this year and 5.6% next year.
The National Bank predicts a slowdown to 6.3% in 2019 and to 5% in 2020.
The state budget of Ukraine for 2019 is based on the government's macroeconomic forecast with an inflation rate set at 7.4%, and 5.5% for 2020.