Ukraine annual inflation rate hits 45.8 percent

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AFP, Kiev :
Crisis-hit Ukraine saw its annual inflation rate hit 45.8 percent after a sharp acceleration of 10.8 percent in March, the country’s statistics office said Monday.
Month-on-month inflation was 5.3 percent in February and 3.1 percent in January, showing a steep acceleration curve.
After a year of armed conflict between pro-Russian rebels and the army in the industrial east, Ukraine faces a combination of monetary, budgetary, industrial, banking and energy crises.

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