Here's a an
article about the sources of inflation in the Ukrainian economy from Dzerkalo Tizhniz (not good at transliterating). They discuss a National Bank of Ukraine analysis about this, NBU writes that
during the last five years, 36% of total inflation was contributed by demand-pull inflation and 64% – by cost-push. This confirms the aforementioned information on the 35% share of demand-pull inflation in total inflation during the last 12 months.
Haven't read the NBU report, but found this
article interesting to read because Ukraine expert and economist Anders Aslund argues that its the hryvnia pegged to the dollar. While NBU appears to blame structural problems in the economy, Aslund points to politics. According to him the NBU didn't change the exchange rate because
The NBU is subordinate to President Viktor Yushchenko, who, despit naming Tymoshenko as prime minister, seems more interested in harming her politically than in capping inflation.
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