For last years there was a fluctuation of inflation rate on the level of 10-12%, however this year the government set a task to decrease this rate up to 7.5%. The vice PM Mykola Azarov said that today at the Cabinet session, the ForUm’s correspondent informs.

Azarov has noted that it is necessary to make effective decisions and stabilize pricing policy. It is necessary to analyze why index of consumer prices exceeded target points set by the government,” he said.

According to Azarov, inner reasons for inflation growth are high rate of incomes increase of people that much exceed increase rate of GDP; drought and bad harvest of crops; decrease of sowing areas; significant growth of money supply.

According to Azarov, outer reason includes strengthening of euro and inflation by means of price growth on world markets. He added that price increase is peculiar to world economy.


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