Uncategorized

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

0 min read

According to the National Bank of Ukraine, the country's GDP is expected to decrease by a third this year amid a full-scale Russian invasion that is causing major losses to the Ukrainian economy. “Inflation will accelerate by the end of the current year and will start to decline in the first quarter of 2023,” the NBU said.

Avatar
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.

Read more
News Feed

"Russian military personnel know exactly where their drones are headed and how long they can stay in the air," President Volodymyr Zelensky said, commenting on the attacks. "The routes are always calculated. This cannot be an accident, a mistake, or the initiative of some lower-level commanders."

It is the third time Russian forces have used pipelines as a tactic, which they first adopted during the Battle of Avdiivka. Back in March, around 100 troops passed through a gas pipeline to reach Ukrainian positions in Sudzha, in Russia’s Kursk Oblast.

Show More