Skip to content

News Feed

3:35 AM
Cultural artifacts stolen from Ukraine during the ongoing Russian invasion were restored to President Volodymyr Zelensky at a ceremony in Washington, D.C., the president's office reported on Sept. 21.
Ukraine Daily
News from
Ukraine in your
inbox
9:54 PM
Russian forces carried out attacks against Toretsk, Petropavlivka, and Molodenke in Donetsk Oblast on Sept. 21, injuring three men and two women, the Donetsk Oblast Prosecutor's Office reported.
9:15 PM
The U.S. aid package for Ukraine that President Joe Biden will announce on Sept. 21 will not include ATACMS long-range missiles, according to Amanda Sloat, the National Security Council's senior director for Europe, NBC News reported.
MORE NEWS

watch us on facebook

Edit post

Inflation rate in Ukraine over 2022 lower than expected at 26.6%

by The Kyiv Independent news desk January 10, 2023 7:40 PM 1 min read
This audio is created with AI assistance

Following Russia’s full-scale invasion, consumer price inflation in Ukraine was measured at 26.6% over 2022, an overal iless than was initially forecasted, the State Statistics Service of Ukraine reported on Jan. 10.

According to the service, inflation had stabilized at 0.7% in December.

However, Ukraine’s gross domestic product (GDP) dropped by 30.4% in 2022, according to a preliminary estimate by the Economy Ministry, released on Jan. 5.

“This is objectively the worst result since independence (in 1991), but better than most experts predicted at the beginning of (Russia’s) full-scale invasion when estimates ranged from 40-50% and more,” the ministry then said.

In October, Ukraine’s National Bank predicted the annual inflation to reach 30%. The bank estimated that in 2023, inflation would decrease to 20.8%.

National Bank: Ukraine’s GDP to fall by one third in 2022; Russian attacks on energy system imperil economy
Support independent journalism in Ukraine. Join us in this fight.
Freedom can be costly. Both Ukraine and its journalists are paying a high price for their independence. Support independent journalism in its darkest hour. Support us for as little as $1, and it only takes a minute.
visa masterCard americanExpress

Editors' Picks

Enter your email to subscribe

Please, enter correct email address

Subscribe

* indicates required
* indicates required

Subscribe

* indicates required
* indicates required

Subscribe

* indicates required

Subscribe

* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.