Inflation in 2016 is expected at 12% / Photo from UNIAN
The National Bank of Ukraine says it keeps its forecasts for Ukraine's inflation and GDP for 2016 unchanged: GDP growth is expected at 1.1% amid 12% inflation.
The NBU also says it will keep its projections for 2017 unchanged: GDP is expected to grow by 3% and inflation will be 8% next year.
As UNIAN reported, inflation in Ukraine in March 2016 was 1% compared to the previous month, after Ukraine saw 0.4% deflation in February 2016 against January 2016.
Read alsoNBU's refinancing rate lowered to 19% from Apr 22Inflation in 2015 sped up to 43.4% from 2014, which was the highest indicator in the past 20 years. In 2014, Ukraine recorded 24.9% inflation.