By the end of last year, inflation rates in Ukraine accelerated and amounted to 12 percent of the overall annual figure, thereby exceeding the preliminary forecast of the NBU (about 9 percent).
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Photo – ldaily.ua
As reported by “NBN”, with a link to the material posted on the official website of the National Bank of Ukraine (NBU), during the first months of 2025, inflation will not stop growing due to the negative impact of some factors, such as last year's low harvest of various agricultural crops and increased production costs in the business sector.
According to analysts from the bank-regulator, the inflation peak will be observed in April-June, but already from July-August of the year, the increase in the cost of goods and services (consumer prices) will begin to gradually stabilize and gradually decline.
In particular, only by the end of the current year (November-December), the inflation rate will “freeze” at 8.4 percent, and by the beginning of 2026 it will “drop” to 5 percent: such dynamics will be facilitated by the interest rate and foreign exchange rate policies of the NBU, as well as the collection of large volumes of crops, optimization of the situation in the energy system, a decrease in the fiscal deficit and the minimization of external price pressure.
However, the key risk for inflation dynamics and economic development remains a turning point in the course of a full-scale war against the Russian Federation.
Earlier, we wrote that the NBU updated the profitability rating of Ukrainian banks.
