Inflationary pressure in the second half of 2026 will increase due to the growth of enterprises’ costs, caused by the previous increase in energy prices. This was reported by Ukrinform with reference to the statement of the Chairman of the National Bank of Ukraine Andriy Pyshny, the PromPolitInform portal informs.
According to him, the increase in fuel costs will affect the prices of goods and services both directly and through secondary effects with a certain time lag.
The regulator expects a return to a stable decrease in the rate of price growth in 2027. This should be facilitated by the gradual increase in harvests, improvement in the energy situation, reduction of external price pressure and exhaustion of the effect of expensive energy sources. Monetary policy measures implemented by the NBU to stabilize the financial market will also play an important role.
According to the National Bank’s forecasts, by the end of 2027, the inflation rate should slow down to 6.5%. Later, in 2028, the regulator plans to reach the target level of 5%. For now, the agency is focused on containing the price pressure that arose as a result of the Russian aggression and the destruction of logistics and production chains. The situation requires careful monitoring to adjust economic forecasts in real time.
