Rising Prices in Ukraine: The National Bank said what to expect from GDP and inflation.


The National Bank of Ukraine has published updated forecasts regarding inflation, indicating a deterioration in the situation in the country. According to the NBU, inflation is expected to rise from 8.4% to 8.7% by the end of 2025. This summer, a slowdown in the rise of prices for goods and services is anticipated.
However, the National Bank believes that an increase in crop yield will contribute to a decrease in food prices, especially from the third quarter of 2025. After that, stabilization of inflation at a low level is expected.
In addition to the impact of the harvest, several other factors will contribute to a gradual decline in inflationary pressure. These include the monetary policy of the NBU, improvements in electricity supply, and moderate pressure in the labor market. Additionally, a decrease in global oil prices is expected due to trade conflicts.
According to the NBU forecast, inflation will be 8.7% by the end of 2025, and in 2026 it is expected to reach the target level of 5%.
It is worth noting that such an increase in the level of inflation will have a significant impact on the hryvnia savings of Ukrainians, as well as on exchange rates.
Read also
- The old 5-hryvnia banknote brought 17 thousand: which banknotes are worth crazy money
- Fines for drivers and confiscation of cars: Germany has tightened rules for Ukrainians
- July gas tariffs have already been set: who will pay significantly more
- Zelensky on drone production, sanctions against Russia and Ukraine's path to NATO: main points from the address
- In Ukraine, a 'purge' of passports is being prepared: which data will disappear from documents
- Ukrainians are frightened by the abnormal heat: Didenko explained what will really happen