2015-03-02cato.org

``Using this figure and black-market exchange rate data ... I estimate Ukraine's current annual inflation rate to be 272 percent -- and its monthly inflation rate to be 64.5 percent. This rate exceeds the 50 percent per month threshold required to qualify for hyperinflation. So, if Ukraine sustains its current monthly rate of inflation for several more months, it will enter the record books as the world's 57th hyperinflation episode. ''



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