• 18/06/2024 18:52

The NBU showed how the inflation index in the country changed sharply at the beginning of April

ByJohn Newman

Apr 6, 2024

Inflation in our country has noticeably dropped to fairly low levels, and this trend is being recorded for the first time in the entire period after the introduction of martial law.

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The NBU showed how the inflation index in the country changed sharply at the beginning of April

Photo – milkua. info

About how the March inflation index is presented in the Macroeconomic and monetary review for April 2024 , writes “NBN”, referring to information posted on the official page of the National Bank of Ukraine (NBU).

In accordance with the bank-regulator's estimates, in the first month of spring, the rate of inflation in Ukraine continued to slow down, falling to the overall annual rate of 3.5 percent: identical indicators were lower only in October 2020, ;— in 2.6 percent.

Updated graphs confirming the actual record drop in the inflation index in the country look like this:

The NBU showed how sharply the inflation index in the country had changed at the beginning of April

Photo — bank.gov.ua

The NBU showed how the inflation index in the country changed sharply at the beginning of April

Photo — bank.gov.ua

In particular, in addition to a number of food products, some services and goods, for example, shoes and clothing, have become more accessible to Ukrainians. Also, due to the high degree of competition in the shadow sector of the economy, alcoholic beverages and tobacco products rose in price somewhat slower than previously predicted.

We previously wrote about the fact that the NBU explained the reasons for the weakening of the hryvnia and ;increase in the dollar exchange rate in March.

nbnews.com.ua

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