• 03/04/2025 13:01

The IMF has updated its forecast for the ratio of wages and inflation in Ukraine until 2027

ByJohn Newman

Mar 25, 2024

Analysts of the International Monetary Fund (IMF) predict the beginning of a process of gradual increase in average nominal wages in Ukraine from 2025 with a simultaneous slowdown in inflation.

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The IMF has updated the forecast for the ratio of wages and inflation in Ukraine until 2027

Photo – freepik.com

About what figures financial experts indicated in their report, writes “MFN”, referring to the official page of the International Monetary Fund.

In accordance with IMF forecasts, the average nominal wage in our country will increase by 15.9 percent in 2025, by 13.3 percent in 2026 and 10.5 percent in 2027. At the same time, the average annual inflation rate in Ukraine in 2023 was 12.9 percent, as a result of which the growth in real incomes of citizens was only 6.4 percent.

However, the International Monetary Fund assumes — in the future, the inflation rate will continue to fall, and the ratio of the rise in consumer prices and the increase in real income will look like the following:

  • in 2025 — 7.6 percent rise in prices of goods/services to&nbsp ;raising wages by 7.8 percent;
  • in 2026 —6.2 percent to 6.7 percent, respectively;
  • in 2027 — 5 .2 percent to  5 percent, respectively.

Earlier we wrote that the NBU commented on the unstable situation in the foreign exchange market of Ukraine.

nbnews.com.ua

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