“In the first months of 2025, inflation will continue to rise due to lower harvests, pressure from business expenses for energy supply and labor costs, as well as from the weakening of the hryvnia exchange rate.”, — write: epravda.com.ua
In the first months of 2025, inflation will continue to rise due to lower harvests, pressure from business expenses for energy supply and labor costs, as well as from the weakening of the hryvnia exchange rate. This was reported by the press service of the NBU. At the same time, the NBU expects inflation to return to a steady downward trajectory in the second half of 2025 and move towards the NBU’s target of 5% over the policy horizon. In particular, interest rate and exchange rate policy measures of the National Bank, as well as higher harvests, an improvement in the energy sector, a reduction in the fiscal deficit and moderate external price pressure will contribute to the reduction of inflation. Advertisement: We will remind: In December 2024, consumer prices in Ukraine increased by .4% compared to November, and for the whole year inflation reached 12%.