Kiev (AFP) – Crisis-hit Ukraine saw its annual inflation rate hit 45.8 percent after a sharp acceleration of 10.8 percent in March, the country’s statistics office said Monday.Month-on-month inflation was 5.3 percent in February and 3.1 percent in January, showing a steep acceleration curve.After a year of armed conflict between pro-Russian rebels and the army in the industrial east, Ukraine faces a combination of monetary, budgetary, industrial, banking and energy crises that could make it dependent on outside help for decades.Its vital heavy industry in the east has been particularly hurt, with production plunging by a fifth — not helped …read more
Source: Business Insider
