IMF Group Ukraine press release on consequences of raising minimum wage (updated)

IMF Group Ukraine press release on consequences of raising minimum wage (updated)

IMF Group Ukraine apologizes to readers for several errors calculating the effect of raising the minimum wage to UAH 3,200 in its previous press release, dated November 1. We thank our colleagues, who noticed on the inaccuracies of our calculations and forecast and helped us to correct them. Nevertheless, our… Read More »IMF Group Ukraine press release on consequences of raising minimum wage (updated)

2016 inflation forecast

  Cumulative inflation in Ukraine for 2016 has already reached 46%. According to our forecast, it will be 52%–53% by year end. Ukraine’s Finance Ministry and National Bank (NBU) “official inflation forecast” for 2016 is12% (the same forecast made at the start of 2015). We at the IMF Group, after… Read More »2016 inflation forecast