This was stated by the Co-Chairman of the OPPOSITION BLOC Yuriy Boyko on the air of the TV channel “Inter”, commenting on the loss of the purchasing power of the Ukrainians.

“Today, when arriving to any audience, the issue of rising prices for people is on the first or second place, because they grow constantly. Only last year, some products have risen in price by more than 20%, unfortunately, this trend continues today.

Even figures, underestimated by the State Statistics Service, indicate that for 2014-2017 prices rose 1.4 times, although in reality the growth was much higher. Only for the first 4 months of this year, inflation was 4.4% – this is half of the official inflation forecast for the year at 9%. On that basis, the inflation forecast of the authorities is absolutely unrealistic, and at the end of the year a double-digit inflation rate will be waiting for us. In such conditions, when prices and tariffs are rising, the purchasing power of people naturally decreases, and the authorities are actually unable to control this process,” Yuriy Boyko emphasized.

The opposition politician believes that the trigger for an increase in inflation and a significant deterioration in people’s lives in general was the government’s decision in October 2016 to remove state regulation of prices for essential goods. “It was wild stupidity. No state in the crisis has the right to avoid the control over prices. And the fact that the authorities through the government have done this, finally, led us to the fact that the prices for everything began to grow at once. Now many people cannot buy the essential goods, medicines – people simply do not have enough money for this. The government officials must admit that their experiment with the abolition of state regulations has failed. Today’s situation requires immediate intervention.

The OPPOSITION BLOC will require the government resuming state regulation of prices for essential goods. In the conditions of economic recession and social crisis, this is the first step that must be taken to improve the lives of people,” the Co-Chairman of the OPPOSITION BLOC summarized.

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