News

March 10, 2010

Macro: Both CPI and PPI increase 1.9% M-o-M in Ukraine

Event: Consumer prices grew 1.9% M-o-M reaching 11.5% Y-o-Y in February, the State Statistics Committee reported on Mar. 9. Producer prices also added 1.9% M-o-M reaching 16.3% Y-o-Y.

Impact: We do not expect a significant impact on securities markets.

Rationale: PPI and CPI grew 1.8% M-o-M and 1.9% M-o-M respectively in January. Thus the pace of inflation only marginally changed in February.

Tags: Macro


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