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
 (Updated:  )

The agreement comes hours after a meeting between European Commission President Ursula von der Leyen and President Volodymyr Zelensky, in which the former reminded that Ukraine unlock 37 billion euros ($42 billion) by carrying out previously-agreed reforms.

Show More