what are the reasons and how much inflation has increased — Ukraine
The National Bank admitted that price growth exceeded expectations due to a number of factors.
By the end of 2024, inflation in Ukraine is gaining momentum. According to the State Statistics Service, prices rose by almost 2% in November, and the overall increase since the beginning of the year exceeded 10%. This is twice the target indicator of the National Bank and exceeds the planned values of the budget by half a percent.
This was reported by the BBC publication.
Compared to November 2023, inflation is 11.2%, returning to the double-digit figure that was managed to overcome last year. Analysts predicted such an acceleration as early as mid-2024, and the National Bank admitted that price growth exceeded expectations due to a number of factors.
“Intensification of price pressure in the second half of 2024 was expected and predicted by previous forecasts of the NBU. At the same time, the growth of both consumer and…
