Inflation at the end of 2023 fell to 5.1% – State Statistics Service
Inflation in Ukraine has fallen in 2023 to 5.1% after a jump 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.
In the US, Bitcoin ETFs were allowed for the first time
The US Securities and Exchange Commission (SEC) has approved the launch of 11 exchange-traded funds (ETFs) investing directly in Bitcoin. This is expected to be a landmark event for the digital asset sector and will open access to the largest cryptocurrency in the traditional US financial market and beyond.
At the end of the year, banks imported a record amount of cash currency: more $2 billion
In October and November last year, banks imported more than $2 billion of foreign cash into Ukraine.
The World Bank expects Ukraine's GDP growth to slow down to 3.2% in 2024
The World Bank, in its updated review of global economic prospects, has improved its estimate of gross domestic growth product of Ukraine in 2023 to 4.8% from 2% in the first half of the year and predicted a slowdown in recovery to 3.2% in 2024.
The National Bank told what will happen to the salaries of Ukrainians in 2024
The National Bank predicts an increase in the salaries of Ukrainians due to the lack of qualified workers.
The UK will provide military assistance to Ukraine worth 2.5 billion pounds
British Prime Minister Rishi Sunak announced the provision of military assistance to Ukraine worth 2.5 billion pounds.
TOP 10 most profitable banks for 11 months of 2023
Ukrainian banks earned UAH 130.55 billion in net profit in January-November. Almost 61.5% of this profit was received by state banks – UAH 80.276 billion. The most profitable was the state-owned Privatbank, which earned 54.456 billion hryvnia.