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. Last Updated: 07/27/2016

Ukraine Inflation 80%

Ukrainian monthly inflation rose to 80 percent in December, from 70 percent in November, Interfax-Ukraine quoted Central Bank head Viktor Yushchenko as saying on Wednesday.

Earlier forecasts had been for a December monthly inflation rate of 100 percent.

"In the last year the government's practice of continually issuing new loans led to a price explosion and brought the country to the brink of the bankruptcy," Yushchenko said.