KYIV, Dec 11 – Alfa Bank expects real GDP rise by 4.8% in Ukraine in 2021 after its projected decline by 4.6% over 2020 and acceleration of average annual inflation to 7.3% in 2021, which will almost triple the expected average annual inflation rate in 2020 (2.7%).

According to the bank's macroeconomic forecast, released on Friday, Alfa Bank analysts expect that the dollar volume of the Ukrainian economy will increase by 2% compared to the pre-coronavirus 2019.