Ukraine's inflation accelerated to 12% in 2024, exceeding government forecasts
The accelerated rate surpassed forecasts made by Ukraine's National Bank in November, which estimated that Ukraine would end 2024 at an annualized 9.7% inflation rate.
The accelerated rate surpassed forecasts made by Ukraine's National Bank in November, which estimated that Ukraine would end 2024 at an annualized 9.7% inflation rate.
After several large-scale Russian attacks on Ukrainian energy infrastructure in the spring and summer, the rise in electricity prices in June fueled both consumer and industrial price inflation in Ukraine.