KYIV, June 30 – Inflation in Ukraine in 2023 will decrease to 15.5%, while real incomes will grow by 1%, such an updated improved forecast was published by the International Monetary Fund (IMF) following the results of the first review of the Extended Fund Facility (EFF).

The IMF also improved inflation expectations for 2024 to 10%, although the forecast for real income growth remained almost the same at 2.5%.

In its initial forecast at the end of March this year, the IMF predicted inflation for this year at 20% after 26.6% in the past and a decline in real incomes by another 2% after falling by 21.1% last year.