KYIV, Jan 26 – The National Bank of Ukraine (NBU), as the market expected, improved its inflation forecast for 2023 to 18.7% (in October 20.8% was forecasted), the press service of the regulator reported on Thursday.

"The NBU forecasts inflation will slow to 18.7% in 2023, supported by monetary conditions remaining tight, global inflation declining, and consumer demand being dampened by power outages," the NBU said in its report.