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Friday, March 31

4:05 AM

Pentagon: Ukrainian soldiers complete Patriot missile training. Pentagon spokesperson Patrick Ryder said on March 30 that 65 Ukrainian soldiers completed training on Patriot air defense systems at Fort Sill, Oklahoma, and returned to Europe.

Friday, March 31

2:17 AM

War analysis

Can Russia afford to commit to a years-long war?

2:08 AM

Turkey ratifies Finland’s NATO bid. Turkey’s parliament voted in favor of Finland’s NATO accession on March 30. Turkey was the last country in the military alliance to approve the bid, clearing the way for Finland to become a NATO member.

1:00 AM

Russian forces attack 3 communities in Sumy Oblast, injuring 1. Russian forces attacked Krasnopillia, Bilopillia, and Seredyno-Buda, the Sumy Oblast Military Administration reported on March 30.

10:51 PM

War update

Ukraine war latest: Bakhmut is 'slaughter-fest for Russians,' says top US general.

10:37 PM

Russia shells Kharkiv. Governor Oleh Syniehubov reported that Kharkiv Oblast, including the regional capital, is being shelled by Moscow from Russia's Belgorod region. At least six explosions have been reported in the city.

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9:56 PM

Blinken calls on all Americans to leave Russia 'immediately' after journalist arrest. The U.S. Secretary of State Antony Blinken called on American citizens to leave Russia, after Moscow arrested Evan Gershkovich, a Wall Street Journal reporter, on espionage charges.

8:44 PM

The Kyiv Independent launches new video podcast. The Kyiv Independent is launching a new video podcast, “This Week in Ukraine,” on March 31, focusing each week on Ukraine’s most pressing issue.

8:32 PM

General Staff: Ukrainian military repels nearly 50 Russian assaults over past day. Ukraine's military repelled 47 Russian attacks on March 30, the General Staff of Ukraine's Armed Forces wrote in its evening briefing.

8:08 PM

What is happening in Bakhmut and what does it mean for Russian-Ukrainian war? (VIDEO)

7:50 PM

Reuters: French court rules against Zhevago's extradition. A French court has determined that Ukrainian billionaire Kostiantyn Zhevago should not be extradited, Reuters reported on March 30.

7:45 PM

Right-wing party members walk out of Zelensky's speech to Austrian parliament. Lawmakers from the right-wing Austrian Freedom Party walked out during President Volodymyr Zelensky's speech to the lower house of the Austrian parliament, CNN reported on March 30.

6:42 PM

North Macedonia approves transfer of combat helicopters to Ukraine. The government of North Macedonia has approved the transfer of combat helicopters to Ukraine, local media outlet Fokus reported on March 30.

6:15 PM

Lalwani, Ressa: Tyranny's propagandists are winning

6:01 PM

Official: Mandatory evacuation of families with children from Avdiivka to take place next week. A mandatory evacuation of families with children from Avdiivka will be carried out next week, Vitalii Barabash, head of the Avdiivka city military administration, said in an interview on March 30.

5:32 PM

Russia to chair UN Security Council in April. Russia will lead the UN Security Council in April, AFP News Agency reported on March 30. Ukraine's Foreign Minister Dmytro Kuleba called the move a "bad joke", adding that the world "can't be a safe place" with Russia as head of the UN Security Council.

4:53 PM

Japan to provide Ukraine with $400 million grant for reconstruction. Japan will provide Kyiv with a $400 million grant for the recovery of Ukraine's critical infrastructure heavily damaged by Russian attacks, Infrastructure Ministry reported on March 30.

4:06 PM

Pechersk School International to reopen campus in Kyiv

3:53 PM

RFE/RL: Moscow court arrests Wall Street Journal reporter on suspicion of 'espionage'. Current Time, a project of Radio Free Europe/Radio Liberty, reported on March 30 that the Wall Street Journal journalist Evan Gershkovich previously detained by Russia's Federal Security Service (FSB), was arrested for two months by the Lefortovo court in Moscow.

2:46 PM

Culture Ministry: Moscow Patriarchate blocking work of state commission on transfer of Lavra property. The Culture Ministry’s commission, which was supposed to conduct an inventory of the Kyiv Pechersk Lavra’s property, failed to enter one of the facilities on March 30, Suspilne news outlet reported.

12:54 PM

General Staff: Russia's FSB conducting 'filtration' in occupied Crimea. In the Crimean town of Krasnoperekopsk, Russia's Federal Security Service (FSB) is conducting so-called filtration measures, which involve undressing, interrogating, and beating civilians, the General Staff of Ukraine's Armed Forces said on March 30.

11:52 AM

UK Defense Ministry: Russia 'highly unlikely' to call up 400,000 volunteers, may force men to join army. Russia will "highly unlikely" manage to attract 400,000 volunteer professional soldiers, which it claimed to be the goal of its new recruitment campaign, the U.K. Defense Ministry reported on March 30.

10:34 AM

Russian attacks kill 3, injure 11 across Ukraine over past 24 hours. Russia launched attacks against eight Ukrainian oblasts in the past 24 hours, killing three civilians and wounding 11 more, Ukraine's Defense Ministry media center reported on March 30.

9:55 AM

Top US general says 6,000 Wagner mercenaries fighting in Bakhmut. Alongside the mercenaries conducting combat operations are also 20-30,000 Wagner recruits, "many of whom come from prisons," U.S. Chairman of the Joint Chiefs of Staff General Mark Milley said on March 29, as cited by CNN.

9:07 AM

General Staff: Russia has lost 172,900 troops in Ukraine since Feb 24, 2022. Ukraine's General Staff reported on March 30 that Russia had also lost 3,610 tanks, 6,974 armored fighting vehicles, 5,518 vehicles and fuel tanks, 2,671 artillery systems, 526 multiple launch rocket systems, 278 air defense systems, 306 airplanes, 291 helicopters, 2,239 drones, and 18 boats.

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National Bank: Inflation in Ukraine to reach 30% in 2022

by The Kyiv Independent news desk October 20, 2022 6:20 PM 1 min read

Inflation remains under control amid the full-scale Russian invasion that has taken a severe toll on the Ukrainian economy, the National Bank reported. In 2023, inflation will decrease to 20.8%, according to National Bank's estimates.

"Inflation will accelerate by the end of the current year and will start to decline in the first quarter of 2023," the NBU said. If the full-scale war lasts longer, Ukraine's economic recovery will be weaker, and inflation will be higher than currently expected, NBU said.

According to the National Bank, Ukraine's GDP will decrease by 32% in 2022.

The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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National Bank: Inflation in Ukraine to reach 30% in 2022

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watch us on facebook

National Bank: Inflation in Ukraine to reach 30% in 2022

Editors' Picks

War from above: A day with drone unit defending Ukraine's south

‘I work, then I cry’: Exhausted medics near Bakhmut fight for every life

Belarus Weekly: European Parliament resolution urges more sanctions against Belarus

Ukraine war latest: Japanese PM visits Kyiv; US to speed up Patriot, Abrams delivery

Ukrainian State-Owned Enterprises Weekly – Issue 80

Ukraine war latest: Bakhmut, Avdiivka, Mariinka under heavy fire

Civilian forced to dig trenches for Russians: ‘I wanted to jump on a mine and end it’

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