The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.

NBU: Inflation to exceed 10% y/y in 2006.

NBU: Inflation to exceed 10% y/y in 2006. According to NBU, inflation will make up more than 10% y/y in 2006. In Jan-Oct 2006, inflation has already reached 8.7% ytd. And taking into account the seasonal spike-up of prices and announced increase of tariffs for regulated administratively services, prices will add at least 1.3% to that. But most likely, it will be considerably more. Keeping inflation within the target is possible only in case of a moratorium on the increase of tariffs for housing services until the end of 2006. The National Bank informs about its intention to try to constrain inflationary pressure by using its own instruments of credit and FX rate policy. In particular, NBU will try to boost the role of interest rates. On the other hand, EconMin keeps the inflation growth forecast at the level of up to 10%. The state budget for 2006 is developed based on an 8.7% inflation forecast. Government forecasts a slowdown of inflation in 2007 to 7.5% compared to 10.3% in 2005.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree