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The National Bank worsened its inflation forecast

The National Bank worsened its expectations for the consumer price index in 2024 and 2025: from 8.2% to 8.5% and from 6% to 6.6%, respectively. This was reported by the NBU press service.

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“Inflation will remain moderate – 8.5% at the end of the year according to the updated forecast of the NBU,” says the regulator’s message.

This, in particular, will be facilitated by the NBU’s measures to protect hryvnia income and household savings from inflation and the stability of the foreign exchange market .

It is noted that the further effect of the moratorium on increasing housing and utility tariffs for gas, heating and hot water will have a restraining effect on prices.

“Weighted interest rate and exchange rate policy The NBU, as well as the weakening of external inflationary pressure, will allow inflation to slow down as early as 2025 – to 6.6%. In 2026, inflation will return to the NBU target of 5% against the backdrop of a gradual normalization of the functioning of the economy and further improvement of the situation in the energy sector,” the NBU noted.

Forecast for 2026

The inflation forecast in 2026 remains unchanged – 5% against the backdrop of a gradual normalization of the economy and further improvement of the situation in the energy sector.

Remember

B In the preliminary forecast, the NBU expected inflation in 2024 at 8.2%, in 2025 – 6%, in 2026 – 5%.

minfin.com.ua

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