The National Bank of Ukraine (NBU) has maintained its 2021 inflation forecast at 9.6% and expects it to return to 5% by the end of 2022. "The NBU has maintained its 2021 inflation forecast at 9.6%... Inflation will decline thanks to waning low base effects, FX markets remaining favorable, and this year’s large harvests… The above factors will make inflation slow to 5% at the end of 2022 and remain close to the target further on," the National Bank reported on its website on Thursday.