Ukrainian Inflation Jumps to 60.9% on Gas-Tariff Increase

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Ukrainian inflation, the fastest in Europe, surged for a 15th consecutive month after a plunge in the national currency and an increase in household utility bills.

The rate quickened to 60.9 percent in April, the highest since at least 2006 and up from 45.8 percent in March, the statistics office said Wednesday on its website. That exceeds the 51.7 percent median estimate of five economists in a Bloomberg survey. Consumer prices rose 14 percent from the previous month.