Ukraine’s economy ministry admits that inflation in Ukraine will reach 12.4% in 2010.

Draft economic policy guidelines for 2010 and 2011-2013 document "The government's first priority is to achieve macroeconomic stability… The expected results are to bring the consumer price index in 2010 to 12.4%, in 2013 to 5.2 to 5.5% (December over December).”

According to the document, among the authorities' priorities there should be measures aimed at backing up the stability of the national currency against the world's leading currencies.

(Sourced from Ukrainian Journal Staff)