The National Bank predicted how prices for products will change in the coming years.
The National Bank of Ukraine has made a forecast regarding prices for products. This was reported by the deputy head of the NBU, Serhiy Nikolaychuk. According to him, the increase in food prices is caused by a low level of yield, a deterioration in the quality of vegetables and fruits, as well as the rapid depletion of stocks from last year.
'Inflation is likely to be slightly higher than predicted - over 10%, and next year we expect it to slow down to approximately 7% and achieve the target of 5% by 2026,' Nikolaychuk noted.
He attributed the reasons for the price increase to a smaller harvest and, as a result, a rise in food prices, problems in the energy sector, as well as wage increases.
According to Nikolaychuk, the scenario of the Ukrainian economy growing by 4% in 2024 and by 4.3% in the following year remains relevant, considering the results of the elections in the USA.
We remind you about the changes that the Pension Fund of Ukraine is preparing for 2025.
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