KYIV, Jan 23 - The National Bank of Ukraine (NBU) has worsened its forecast for economic growth this year to 3.6% from 4.3% in the previous October macroeconomic forecast, and inflation to 8.4% from 6.9%, according to the regulator s updated January macroeconomic forecast, published on Thursday.

"Taking into account security risks and the difficult situation in the labor market, the NBU has revised its real GDP growth forecast for 2025 downward, to 3.6%. At the same time, the baseline scenario of the NBU's forecast keeps envisaging that the economy will gradually return to normal functioning conditions. Therefore, the pace of economic growth is expected to accelerate moderately in 2026-2027, to around 4%," the NBU said in the press release.