The National Bank warned about rising inflation: what awaits Ukrainians in the near future.

According to the National Bank of Ukraine, inflation in Ukraine will rise in the coming months. In January 2025, the annual inflation rate was 12.9%, significantly exceeding the target rate of 5%. In February, inflationary processes continued to intensify.

The increase in consumer inflation was predictable and caused by temporary factors, such as rising prices by companies due to increased costs for energy resources and wages, as well as high consumer demand. Core inflation is also accelerating, exceeding forecasts. However, the National Bank of Ukraine is taking measures to reduce inflation to 5% by the end of the year. Nonetheless, the main risk remains full-scale war, which threatens the country's economic development.

There are also risks due to Russian aggression, such as budgetary shortages, infrastructure damage, and migration trends. According to forecasts, positive scenarios may be related to financial support from partners and efforts of the international community to support Ukraine.

In addition, there may be an acceleration of Euro-integration processes and infrastructure restoration, particularly in the energy sector. Earlier, the EBRD predicted economic growth for Ukraine in 2025.