KYIV, June 19 – The consumer price index in 2020 may grow by 4.2%, and in 2021 – by 5.3%, which will allow the National Bank of Ukraine (NBU) to continue easing its monetary policy, according to a macroeconomic review of the ICU investment group released on Friday.

According to the document, ICU analysts predict that in September the NBU will lower the key policy rate from the current 6% to 5.5%, with a subsequent increase in 2021 to 6.5%, and will continue using liquidity provisioning tools if banks have the corresponding need.