Ukraine's Central Bank Governor expects inflation to ease to 6.3 pct in 2019


Devdiscourse News Desk | Updated: 12-02-2019 16:27 IST | Created: 12-02-2019 14:18 IST
Ukraine's Central Bank Governor expects inflation to ease to 6.3 pct in 2019
  • Country:
  • Ukraine

There is scope for Ukraine's central bank to ease monetary policy if inflation falls into its target range, Central Bank Governor Yakiv Smoliy said at a conference on Tuesday. Smoliy expects inflation to ease to 6.3 percent in 2019. Inflation was 9.2 percent year-on-year in January, lower from 9.8 percent in December. The central bank kept its key rate unchanged in January to help bring inflation down.  

(With inputs from agencies.)

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