The National Bank predicts what will happen to prices in the coming years.

The National Bank forecasted that inflation in Ukraine will rise over the next few years.

According to the words of Serhii Nikolaychuk, Deputy Head of the NBU, this year inflation in the country will exceed 10%. At the beginning of December, consumer inflation was 9.7%.

'It is likely that inflation will be even higher than predicted - more than 10%. However, we expect a decrease to 7% next year and reaching a target of 5% by 2026,' - noted Nikolaychuk.

According to him, the reason for rising prices is the low harvest, which has led to an increase in food prices, problems in the energy sector, and rising wages.

Nikolaychuk also noted that the Ukrainian government does not trust the NBU's ability to reduce inflation and has high forecasts for the coming years. He also emphasized that the increased inflation this year was unexpected even for the NBU.

The Deputy Head of the National Bank added that the scenario of Ukraine's economic growth to 4% in 2024 and 4.3% in the following year remains relevant, considering the results of the elections in the U.S.

Recall that the National Bank sold more than 708 million dollars in a week.