KIEV, Jan. 21 – Inflation expectations in Ukraine for 2008 remain high due to the growth in food prices in 2007 and a rise in the price of electricity and municipal services, according to Serhiy Nevmerzhytsky of Kiev-based Sokrat Group.

"Continuing price hikes in the foodstuff sector, which started in 2007, and the postponed increase in the price of electricity, transport and municipal services will stimulate inflation," the analyst said.