Prices in Ukraine will grow faster: what the national Bank

The regulator explained what is happening with inflation in the country

The General economic recovery, which began after the easing of the quarantine, will speed up inflation in Ukraine. This was reported in the National Bank of Ukraine (NBU), inflation report.

However, the Bank believe that inflation will remain within target range of 5% +/-1 p. p. – due to the prudent monetary policy.

“Preinflation significant factor will be the growth of real incomes of the population. Core inflation will accelerate to 4% along with the recovery of economic activity. Given the global trends, also will increase energy prices”, – explained the reasons for the coming price increases in the NBU.

In Ukraine has become worse with work and wages – NBU

At the same time to contain inflation will be a gradual transition of monetary conditions from stimulatory to neutral.