Hryvnia’s depreciation by 10% has led to accelerated inflation in H2 Journal Staff Report
The acceleration of inflation in Ukraine during the second half of 2024 is linked to the depreciation of the hryvnia by around 10% since autumn 2023, which has impacted the cost of imported goods. Inflation for the year could reach 8-9%, according to European Bank for Reconstruction and Development (EBRD) Regional Economist and former Governor of the Central Bank of Macedonia, Dimitar Bogov.
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