The growth of annual inflation in May has somewhat exceeding the “current trajectory forecasting”, the regulator admitted.
Inflation in Ukraine may probably reach a local maximum, but then begin to refuse. This was announced by the National Bank on Thursday, June 5.
The regulator recalled that in April, inflation accelerated to 15.1% in the annual scale.
“NBU estimates indicate a further increase in annual inflation in May, which has slightly exceeded the currently predictable trajectory.
At the same time, as usual, the primary inflationary pressure is that -fuel through sustainable consumer demand and further growth of business costs, especially for labor.
The regulator hopes that further inflation will decrease thanks to the new crops, the best energy situation, the cost of oil in the world, and the influence of financial policy. A high basis of last year’s comparison will have a significant statistic effect.
The NBU emphasized that the rate of reduction in inflation also depends on the actual consequences of spring frost and weather.
“The main risk to inflationary dynamics and economic development remains the course of a full -scale war,” the National Bank recalled.
Keep in mind that the National Bank now maintains a discount rate at 15.5% each year. The regulator predicts the alleviation of the interest policy only after the final passage of the price penetration of the price and reducing the risks of incorporating inflation to a high level.
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Source: korrespondent
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