The National Bank has set the wide inflation corridor, allowing for fluctuations within the range from 9% to 15%, NBU Deputy Governor Dmitrii Solohub said during the round table “The economic forecast as the credit of trust”, Finclub reports.
“Each month the regulator surveys financial analysts – Ukrainian and international – for assessment of market consensus forecast regarding the key macroeconomic indices for internal use by the National Bank”, he said.
According to Solohub, in February this consensus forecast showed that on average financial analysts expect for the consumer inflationto be at 13.4% for the end of 2016. The National Bank forecasts that it will be 12+/-3%.
Previously NBU Governor Valeria Hontareva stated that the regulator forecasts the inflation as per results of 2016 at 12%, while this forecasts can fluctuate within the range of plus-minus 3%.
“The NBU strategy envisages the trajectory for achieving this level of inflation, which we consider optimal for Ukraine. We consider the optimal level of inflation to be within the range of 5%”, NBU Governor emphasized.
