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NBU Worsens Inflation Forecast in Ukraine to 9.7% in 2025, 6.6% in 2026

The National Bank of Ukraine (NBU) has worsened the inflation forecast to 9.7% in 2025 and 6.6% in 2026, expecting a return to the 5% target only in 2027 due to higher price pressure, the consequences of the war, worse harvests and the weakening of the hryvnia against the euro.

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In June, inflation declined to 14.3 per cent after 15.9 per cent in May, but as a result of the July results, inflation could rise again. As the price would fall into a course of steady decline, the NIB reports to the NIB. "In view of the significant war losses and the further transfer to the prices of growing business spending, the deterioration of crop forecasts and the effects of the de facto weakening of the euro, the NBA revised the forecas…

·Kyiv, Ukraine
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The National Bank of Ukraine (NBU) has worsened its forecast for consumer price growth in Ukraine in 2025 to 9.7%. In April, the central bank forecast inflation at 8.7%. This was stated by the head of the NBU Andriy Pyshny, RBC-Ukraine reports with reference to a briefing on YouTube. In addition, the NBU forecasts inflation in 2026 at 6.6% (previous forecast - 5.0%), in 2027 inflation will be 5.0% (previous forecast - 5.0%). Thus, inflation will…

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rbc.ua broke the news in on Thursday, July 24, 2025.
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