Ukrainian Inflation Reaches Fastest in 5 1/2 Years on Hryvnia

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Inflation in Ukraine quickened to the fastest pace since March 2009 as the conflict in the nation’s east damaged the hryvnia and triggered a recession.

Consumer prices rose 17.5 percent from a year earlier in September, the statistics office in Kiev said today. That’s more than the 15.3 percent median estimate of four economists in a Bloomberg survey. Prices increased 2.9 percent from August.