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May inflation equaled to 1.3%
10.06.2008 11:29 "Agro Perspectiva" (Kyiv) —
May 2008 consumption prices have risen up 1.3% against Apr 2008, reported State Statistic Committee. As to Committee, May 2008 food articles/soft drinks prices have grown up 1.9% as of Apr 2008 (health protection – up 1.7%, transportation – up 1.9%). As to report, May 2008 public utilities services have declined 0.7% against Apr 2008. As to Committee, Jan-May 2008 inflation equaled to 14.6%. This year May inflation was up 31.1% against last year May. This year Apr inflation equaled to 3.1% (this year Jan-Apr inflation totaled 13.1%). Reportedly, 2007 inflation totaled 16.6% (up against 11.6% in 2006). While working out 2008 State budget, Cabinet planned 2008 inflation to be 9.6%. As to Committee, International Monetary Fund worsened Ukrainian 2008 inflation forecast from 10.6% to 17.1% (Dec/07-Dec/08) and improved GDP output from 5.4% to 5.6% (Dec/07-Dec/08).
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