“It is clear that the inflation in Ukraine is not ballooning. We have to work jointly to draw up steps at the government level to contain inflation,” Shlapak noted.

Oleksandr Shlapak says inflation in Ukraine have been caused by outside factors like price hikes for energy and food on foreign markets. In response to inflation challenges, the president insists on amendments in the budget to be approved by the Rada. Accordingly, social benefits must be raised to catch up with the rate of inflation.