February 12, 2019 / 8:48 AM / 12 days ago

Ukraine sees room for easing if inflation moves into target range

KIEV, Feb 12 (Reuters) - There is scope for Ukraine’s central bank to ease monetary policy if inflation falls into its target range, Central Bank Governor Yakiv Smoliy said at a conference on Tuesday.

Smoliy expects inflation to ease to 6.3 percent in 2019. Inflation was 9.2 percent year-on-year in January, lower from 9.8 percent in December. The central bank kept its key rate unchanged in January to help bring inflation down.

Reporting by Natalia Zinets; editing by Matthias Williams

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