Inflation at the end of 2023 fell to 5.1% – State Statistics Service
Inflation in Ukraine fell to 5.1% in 2023 after jumping in 2022 to 26.6% from 10.0% in 2021. This is evidenced by data from the State Statistics Service. The growth of consumer prices in Ukraine in December 2023 accelerated to 0.7% after an increase of 0.5% in November, 0.8% in October and 0.5% in September.
The World Bank expects Ukraine's GDP growth to slow down in 2024 to 3.2%
The World Bank, in its updated review of global economic prospects, has improved its estimate of Ukraine's gross domestic product growth in 2023 to 4.8% with a 2% half-year and predicted a slowdown in recovery to 3.2% in 2024.
Poland is against trade concessions for Ukraine – Minister of Agriculture Sekierski
The Minister of Agriculture of Poland Czeslaw Sekierski appealed to the European Commissioner for Trade Valdis Dombrovskis with reservations that Poland is against trade concessions for Ukraine.
Draft law on mobilization and depreciation of the hryvnia: how did this affect deposits
On the eve of the New Year, several important events took place in the banking market. Among the main ones are the reduction of the NBU key rate, the devaluation of the hryvnia, which provoked significant public demand for currency and the presentation of a bill on mobilization to parliament. How this affected the offers for private depositors of banks with a deposit portfolio of individuals up to UAH 2 billion – in the latest review of the Ministry of Finance.
How the NBU will change currency rules and what it will do with the exchange rate in 2024
In October 2023, the National Bank transferred the Ukrainian foreign exchange market to a managed mode flexible exchange rate formation and added intrigue to the work of the non-cash segment. The Ministry of Finance turned to the National Bank to find out what will happen in the foreign exchange market in 2024, and asked bank treasurers for forecasts.
