“Inflation will increase in the coming months, but the National Bank will help reduce inflation to 5%, the head of the National Bank of Ukraine Andriy Pishny warned. “Inflation will increase in the coming months due to the further influence of the worse crops and increased production costs of enterprises. At the same time, the NBU measures applied to strengthen monetary policy will limit fundamental price pressure, and the receipt of new yields in the summer will slow down the rise in food prices, ”the NBU’s press service quoted. But, according to the Lush, thanks to the NBU measures and the gradual exhaustion of temporary inflation drivers, it should return to the trajectory of slowing down in the second half of the year and decrease to a unambiguous level at the end of the year – on the horizon of policy inflation will decrease to a target of 5%. The NBU also states that expected external support will be sufficient to finance the budget deficit and maintain a stable situation in the foreign exchange market. “External support has been sufficient to fund the budget deficit and maintain an adequate level of international reserves this year. This will allow the NBU to continue to ensure a stable situation in the foreign exchange market and the control of inflation and exchange rate expectations, ”says Pyshny. At the same time, he said, the key to inflationary dynamics and economic development remains a full -scale war. In January, inflation accelerated to 12.9%. According to the NBU, in February it increased. But, as noted by the NBU, such trends were expected and in general responded to the forecast. ”, – WRITE: www.radiosvoboda.org
“Inflation will increase in the coming months due to the further influence of the worse crops and increased production costs of enterprises. At the same time, the NBU measures applied to strengthen monetary policy will limit fundamental price pressure, and the receipt of new yields in the summer will slow down the rise in food prices, ”the NBU’s press service quoted.
But, according to the Lush, thanks to the NBU measures and the gradual exhaustion of temporary inflation drivers, it should return to the trajectory of slowing down in the second half of the year and decrease to a unambiguous level at the end of the year – on the horizon of policy inflation will decrease to a target of 5%.
“External support has been sufficient to fund the budget deficit and maintain an adequate level of international reserves this year. This will allow the NBU to continue to ensure a stable situation in the foreign exchange market and the control of inflation and exchange rate expectations, ”says Pyshny.
At the same time, he said, the key to inflationary dynamics and economic development remains a full -scale war.
In January, inflation accelerated to 12.9%. According to the NBU, in February it increased. But, as noted by the NBU, such trends were expected and in general responded to the forecast.