In ENGLISH | РУС/УКР
Sign in | Register
Mobile version | Subscription | RSS Archive
KyivPost

Azarov: Government to prevent deflation in 2013

Print version
Nov. 23, 2012, 2:06 p.m. | Business — by Interfax-Ukraine

The Ukrainian government expects moderate inflation in 2013. But this will lead to a marked rise in food prices, reassured Prime Minister Mykola Azarov (pictured).
© Courtesy

SEE ALSO

The Ukrainian government will prevent deflation in 2013, Ukrainian Premier Mykola Azarov has said.

"We're expecting to have rather moderate inflation. And we will prevent the deflation we had this year for sure," he said on Friday while visiting Interfax-Ukraine on the occasion of the agency's 20th anniversary.

According to the premier, the government will actively credit big investment projects and the economy, which could result in "an increase in growth of inflation."

He added that Ukrainians should not be afraid of inflation, as prices of industrial products will grow, while spurts in inflation will not noticeably influence food prices.

READ MORE IN SECTION
The Kyiv Post is hosting comments to foster lively debate. Criticism is fine, but stick to the issues. Comments that include profanity or personal attacks will be removed from the site. If you think that a posted comment violates these standards, please flag it and alert us. We will take steps to block violators.
Advertising link

KyivPost

© 1995–2012 Public Media

Web links to Kyiv Post material are allowed provided that they contain a URL hyperlink to the www.kyivpost.com material and a maximum 500-character extract of the story. Otherwise, all materials contained on this site are protected by copyright law and may not be reproduced without the prior written permission of Public Media at news@kyivpost.com
All information of the Interfax-Ukraine news agency placed on this web site is designed for internal use only. Its reproduction or distribution in any form is prohibited without a written permission of Interfax-Ukraine.