This year’s inflation likely to make 15.5%

16:13, 24 March 2008
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With peak falling on April-May – experts

The Ukraine’s inflation in 2008 will make up 15.5%, and will reach its peak in April-May.

According to an UNIAN correspondent, these are the results of the investigation, publicized at a press conference in Kyiv by representatives of the Institute for Russia Studies today.

According to the information of the Institute, the inflation in Russia this year will amount to 13%.

Respectively, the next year Ukraine will see the inflation at 10%, in Russia – 9%, the Institute forecasts.

The experts believe that the inflation may slow down only in 2009. One of the key factors for that will be the calming down at world resource markets, caused by general slow-down of the world economics growth, in particular, the economics of China.

The experts also expect rather high economic growth rates both in Ukraine and Russia in 2008-2009.

In 2008, the real GDP growth of Ukraine may amount to 6.5%, in Russia – 7.5%; with the real income of the Ukrainian population growing by 16%, in Russia – by 11.5%.

Besides, according to the information of the Institute, over the next two years, the commodity turnover between Ukraine and Russia will soar from 30 to 50 billion US dollars.

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