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Inflation in Ukraine to exceed 10% soon, - National Bank

Source : 112 Ukraine

According to the National Bank of Ukraine forecast, in the second half of 2022, inflation will return to 5% target and stay in this diapason
15:04, 22 July 2021

Inflation in Ukraine
Open source

In the near future, Ukraine's inflation will exceed ten percent per annum but will slow down at the end of 2021 with a subsequent return to the five percent point in 2022. This was reported by the National Bank of Ukraine (NBU).

"Inflation will slightly exceed 10% in the near future, but will slow down at the end of 2021 and return to the target of 5% in the second half of 2022," the message says.

After reaching its peak this autumn, inflation will slow due to a new crop and adjustments in global energy prices.

According to the NBU forecast, in the second half of next year, inflation will return to the target of 5% and remain in this range.

Related: Ukraine's govt expects inflation decline to 6.2% in 2022, - PM

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