Ukrainian Inflation Quickens Though Rate Cuts Likely to PersistBy
Consumer prices rose 7.9% in July after 6.9% advance in June
Inflation increase is driven by costs for utility services
Ukrainian inflation quickened for the first time in eight months after the government raised utility tariffs, though price increases remained below the central bank’s full-year target and the uptick is unlikely to derail four months of interest-rate cuts.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.