According to statistics from the National Bank of Ukraine, by the end of this year, the inflation rate in the country will exceed 9.6 percent, and, judging by forecasts, this is not the limit.
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As reported by NBN with reference to the Kyiv-24 Telegram channel, according to the opinion of Doctor of Social Economics Zinoviy Svereda, the population of Ukraine has started to stock up on food products, trying to protect themselves in the future.
Based on Svereda's words, such accumulation is facilitated by the complication of the situation on the front lines: citizens exist in conditions of uncertainty and a permanent sense of danger, which cause anxiety, and instability and depression lead to overeating. In addition, people strive to “stock up on something, buy something.”
The expert added that finances are not only money supply when it comes to socio-economic relations—the current information policy of the state creates “high interest rates,” while simultaneously provoking a rise in the price of all products, all goods, and this trend will not stop in the long term.
Also, changes in the situation on the front determine the dollar exchange rate: if the Defense Forces win, we will be able to create a security system and restore the economic sector, thereby strengthening the hryvnia, but if Ukraine continues to “lose and lose,” then the national currency will be affected by another devaluation, – “and we can then expect not just inflation, but even hyperinflation.”
Earlier, our information portal wrote about the fact that eggs, bread and buckwheat have become more expensive in Ukraine.