Chairman of the NBU Council Bohdan Danylyshyn said that the consumer inflation rate in Ukraine for the current year may not fall to the target level of about 5%, as well as to the forecasted 6.3% (by the National Bank) at the end of the year.
According to Mr Danylyshyn, the inflation rate will remain low in the next 1-2 months due to the growth in the supply of fruits and vegetables in late summer – early autumn and the effect of the hryvnia revaluation.
At the same time, he stressed that inflation usually accelerates in October because the supply of raw vegetables and fruits decreasing, as well as the dynamics of the hryvnia exchange rate.
“If September the external debt, estimated at USD 1.7 billion, can be paid without complications, the influence of the exchange rate factor on consumer inflation will not be significant,” the representative of the financial regulator said.
At the same time, Danylyshyn stressed that the situation with the exchange rates of emerging markets could be complicated. The rising prices in Ukrainian industry also caused serious concerns.
As The Journalist reported, NBU continues to strengthen hryvnia against dollar, euro.
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