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10:20 PM

Infrastructure Minister: 7 million metric tons of cargo transported through Black Sea humanitarian corridor.

Since the Black Sea humanitarian corridor opened in August, 200 ships have passed through it, carrying 7 million metric tons of cargo from Ukrainian ports, including almost 5 million tons of Ukrainian agricultural products, Infrastructure Minister Oleksandr Kubrakov said on Dec. 4.

9:52 PM

President's Office: Discussions on future EU security guarantees for Ukraine have started.

Negotiations on future EU security commitments for Ukraine have begun on the instruction of President Volodymyr Zelensky, the President's Office announced on Dec. 4.

9:15 PM

Navy: Sea mine that washed ashore in Odesa Oblast disabled.

The navy said that "the coasts and coastal waters of the Black Sea remain a fairly dangerous zone due to the threat of mines, in particular, during stormy weather."

8:46 PM

Lithuania provides 1 million euros to Ukraine Solidarity Fund for reconstruction.

The fund was created in 2022 with 1 million euros ($1.08 million) in seed money from Ireland, and it has since received 2 million euros ($2.2 million) from Germany and 700,000 Czech Koruna ($31,000) from the Czech Republic.

8:10 PM

Guardian: UK nuclear site hacked by Russian, Chinese groups.

Russian and Chinese-linked cyber groups have hacked a major nuclear waste site in the U.K., a year-long investigation by the Guardian revealed on Dec. 4.

7:46 PM

Rheinmetall wins over $150 million contract to produce shells for Ukraine.

The order involves tens of thousands of 155mm NATO standard shells and is expected to be delivered in 2025. It will be produced by Rheinmetall Expal Munitions, a Spanish subsidiary.

7:00 PM

Umerov meets Stoltenberg in Brussels.

Defense Minister Rustem Umerov met with NATO Secretary General Jens Stoltenberg in Brussels, NATO announced on Dec. 4.

6:24 PM

Media: Russia planned interference campaigns to disrupt NATO accession of Finland, Sweden.

In particular, Russia tried to inflame tensions that erupted after a series of public Quran burnings in Sweden, which resulted in protests breaking out around the Muslim world.

6:17 PM

DTEK wants to build largest wind farm in Eastern Europe in partnership with Danish company.

The Tylihulska Wind Power Plant project, which will involve an investment of more than 650 million euros ($702 million), is a joint venture that includes DTEK, the Ukrainian and Danish governments, and Western banks.

6:08 PM

SBU detains man suspected of trying to sell aircraft components to Russian military.

A Ukrainian entrepreneur has been detained on suspicion of attempting to sell stolen aircraft components to Russia, the Security Service of Ukraine (SBU) said on Dec. 4.

4:51 PM

SBU: Russian ammunition, equipment depots in occupied Luhansk Oblast destroyed by drone strikes.

The Security Service of Ukraine (SBU) shared a video of the operation, saying that intelligence about the locations of the depots had been gathered, which resulted in the nighttime strikes that destroyed an unknown amount of equipment and ammunition.

4:19 PM

Update: Death toll of Russian missile strike on Novohrodivka rises to 3.

The death toll of a Russian missile strike on Novohrodivka in Donetsk Oblast overnight on Nov. 29-30 has risen to three after the body of a child was found in the rubble, acting Governor Ihor Moroz reported on Dec. 4.

3:59 PM

Voronezh governor confirms death of Russian general in Ukraine.

Russian General Vladimir Zavadsky was killed in Ukraine on Nov. 28, Voronezh Oblast Governor Aleksandr Gusev confirmed on Dec. 4. Russia rarely comments on the reported deaths of its high-ranking commanders.

3:27 PM

Hungarian foreign minister confirms Poroshenko planned to meet Orban.

The SBU said on Dec. 2 that it had asked the parliament to cancel Poroshenko's request to leave the country, explaining that Russian intelligence services planned to use the meeting for propaganda purposes.

3:07 PM

UK Defense Ministry: Russia loses estimated 320,000 troops in Ukraine.

An estimated 320,000 Russian troops have been killed or injured since Russia launched its full-scale invasion of Ukraine, the U.K. Defense Ministry reported in an intelligence update on Dec. 4.

2:13 PM

Bulgarian president vetoes agreement on armored vehicles for Ukraine.

Prime Minister Nikolai Denkov believes that the parliament will overcome Radev's veto. Bulgaria's legislature has the right to override the veto and send it further without any changes by a simple majority vote.

2:06 PM

White House: US to run out of money for Ukraine by end of year.

The U.S. is set to run out of funds to support Ukraine in the coming weeks if congress does not take action, White House Budget Office Director Shalanda Young informed congressional leaders in a letter on Dec. 4.

1:05 PM

Russian attack on Kherson injures 1, damages kindergarten.

Russian forces carried out the attack at 11 a.m., damaging the walls and windows of the building, Governor Oleksandr Prokudin said.

1:00 PM

Military confirms death of Russian troops who killed Ukrainian POWs.

The group of Russian soldiers who were recorded executing two Ukrainian prisoners of war (POW) in Donetsk Oblast has been killed, Oleksandr Shtupun, the spokesman for the Tavria group of forces said on air on Dec. 4.

12:33 PM

Kyiv resident who allegedly aided Russian New Year's Eve missile attack detained.

The 40-year-old suspect left for Russia via a third country at the end of 2022 and offered to work with Russian intelligence services in exchange for promised Russian citizenship, according to the Security Service of Ukraine.

12:23 PM

Media: Zelensky 'bypassing' Zaluzhnyi in communication with some commanders.

President Volodymyr Zelensky is allegedly "bypassing" Commander-in-Chief Valerii Zaluzhnyi in communication with some military commanders, complicating the latter's ability to fully command Ukraine's Armed Forces, Ukrainska Pravda reported on Dec. 4, citing anonymous sources.

11:12 AM

Opinion

Opinion: Europe knows that climate action is vital to global security

10:48 AM

Processing of empty trucks begins at Poland-Ukraine border checkpoint.

Customs services began processing empty trucks departing from Ukraine to Poland at the Uhryniv-Dolhobychuv checkpoint in accordance with an agreement between Kyiv and Warsaw, the State Border Guard service announced on Dec. 4.

10:06 AM

Russian attacks kill 3, injure 11 in Donetsk, Kherson oblasts over past day.

In Donetsk Oblast, one person was killed and another injured in Russian attacks against Kostiantynivka, the Donetsk Oblast Military Administration said on Dec. 4.

9:41 AM

Finland seeks Poland's experience in border protection.

Finland plans to use Poland's experience with border security amid the growing migrant crisis on the Finnish-Russian border, the Polish Radio reported on Dec. 3.

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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

The Kyiv Independent

Author: The Kyiv Independent news desk

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