• 14/03/2025 03:43

The NBU listed the reasons that will lead to an acceleration in the rate of inflation in the coming months

ByJohn Newman

Jul 14, 2024

During the past month, the so-called core inflation rate increased from 4.4 percent to 5 percent, and this trend appears to continue in the short term.

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 The NBU listed the reasons that will lead to an acceleration of the inflation rate in the coming months

Photo – 24tv.ua

About  that consumer prices rose by 2.2 percent last month, and the level of general annual inflation reached 4.8 percent, and such dynamics will not change in the coming months due to a number of negative preconditions, writes “NBN”, referring to the official page of the National Bank of Ukraine (NBU).

National Bank analysts believe that the growth rate of consumer inflation corresponds to early forecasts, the pace gradually increased throughout June, but  already in the coming months, the rise in price of various goods and services will be more noticeable to the population of Ukraine due to:

  • a significant increase in tariffs for electricity;
  • the need of the business sector for  ;proportional increase in employee salaries;
  • expected upward adjustment of excise taxes;
  • devaluation of the national currency against the background of an increase in the dollar exchange rate;
  • exhaustion of the positive effects from&nbsp ;last year's harvests.

Earlier, we wrote about that the NBU revealed the factors that provoked an increase in demand for currency and an increase in the dollar exchange rate in June.

nbnews.com.ua

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