Сigarettes will rise in price by almost 20% in Ukraine this year

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Open source

The National Bank of Ukraine in its inflation forecast for 2019 expect rise in price for tobacco products by 19%.

This is stated in the inflation report of the National Bank for January.

It is noted that the growth rate for tobacco prices will slow to 12% in the next 2020 and 2021.

The rise in price for alcohol is projected at around 6–9% annually within 2019-2021.

Recall that the National Bank retained forecasts for the growth of real GDP in Ukraine this year by 2.5% and inflation at the end of the year at 6.3%.

The forecast for 2020 also remained unchanged – Ukraine’s economy is expected to grow by 2.9% with inflation at 5%.

National Bank forecasts GDP growth by 3.7% with inflation at 5% in 2021.

As The Journalist reported, greenhouse vegetables rose in price in Ukraine by 20% over the month.

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