Thursday, May 8, 2008

President worried about inflation rates




Communicating
to journalists in Kharkiv President Victor Yushchenko expressed concerns about
high rates of inflation and repeated that it is crucial to work out effective
anti-inflation program.



Reminding
that during last four months inflation rate has reached 13 percent Victor
Yushchenko stressed: “With such rate we must admit that it is a great
challenge, which has formed not only in consumer goods market, but, what is
most dangerous, on a producers market”. Therefore he reemphasized that dynamics
of inflation is “very bad and needs reaction”.