Ukraine Heads for First Economic Decline Since 2022 as Russian Strikes Take Their Toll
The central bank cited seaport blockades and attacks on logistics as inflation hit 10% and businesses faced about $10 billion in losses.
10 Articles
10 Articles
The economy was affected by the effects of the blockade on seaports and Russian attacks on production capacity and logistics.
Ukraine Economy to Shrink For the First Time Since Full-Scale War
The Ukrainian economy will contract this year for the first time since the start of the full-scale invasion, the central bank said, as Russia escalates airstrikes against civilians and businesses.
Ukraine's economy has entered a recession: Instead of the previously forecast growth of 1.8%, the National Bank expects the economy to shrink by 0.4% by the end of 2026
Ukraine's economy has entered a recession: Instead of the previously forecast growth of 1.8%, the National Bank expects the economy to shrink by 0.4% by the end of 2026.The NBU raised the discount rate to 16.5% and expects GDP to...
The National Bank of Ukraine has updated the forecast of the main indicators of the development of the Ukrainian economy. In part, the inflation forecast for 2026 has risen to 12.5 percent. This is stated in the October macroforecast of the NBU for 2026-2028. Inflation According to the NBU, Russian stocks will add about 0.7 percentage points to annual inflation. Two factors will also contribute to the growth of zens: Traveling firewood. The gro…
Ukraine National Bank cuts forecast: GDP to drop 0.4% in 2026 with 12.5% inflation, rise 0.4% in 2027 with 7.3% inflation
The National Bank of Ukraine has substantially downgraded its forecast for gross domestic product (GDP), shifting from expectations of growth of 1.8% this year and 2.8% next year to a projected contraction of 0.4% this year, followed by a recovery of just 0.4% next year.
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