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Ukraine on the brink of hyperinflation (Английский)

The Bank's retail price surveys show that food prices increased about fifteen times over the past year in Kiev while nominal wages rose less than ten times. This dramatic fall in the measured real wage was not compensated for by any significant improvement in the quality, assortment or availability of food products. Furthermore, the surveys show food price increases in excess of 20 percent per month in three of the last four months. In September and...
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