The restoration of the Ukrainian economy will continue, but will remain limited due to the consequences of war and worldwide war and trade conflicts.
The National Bank of Ukraine exacerbates the predicted indicators for GDP and inflation. It was reported on the regulator website on Thursday, April 17.
Thus, the NBU exacerbated the economic growth forecast by 3.1% from 3.6% in January’s previous forecast, and inflation up to 8.7% from 8.4%.
The National Bank believes that the restoration of the economy will continue, but will remain limited due to the consequences of war and worldwide war and trade conflicts.
“It is expected that in 2025 the Ukraine economy will grow by 3.1%. In particular, it will contribute to the increase in crops and a reduction in electricity deficiency, which, along with significant defense orders, will support the industry,” the report said.
The regulator predicts that in 2026, 2027, the growth of the true GDP will accelerate by 3.7-3.9%. This is due to an increase in investment in restoration, restoration of labor and stability of consumer demand.
As for inflation, it will return to a tag -day reduction at a clear level by the end of the year.
“In the sun, rising prices in the annual measurement will begin to slow down to a wide range of goods and services. The expected increase in yields will contribute to decreasing food inflation from the 3rd quarter of 2025 and its stabilization to relatively low levels subsequent,” NBU said.
It is believed that primary inflationary pressure will gradually weaken under the influence of NBU financial policy measures, improving the situation with a power supply and more moderate pressure from the labor market.
“An additional factor would be a reduction in oil prices as a result of world -trading confrontation. As a result, inflation will decrease by 8.7%by the end of 2025, and by 2026 to the target of 5%,” the regulator summed up.
Remember that NBU now left the accounting rate at 15.5% each year. At the same time, the regulator ensures that if the risks are strengthened, it will hold the accounting rate at the current level longer than the updated macrogenosis, and it will be ready to take further steps.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.