The Cabinet of Ministers has worsened the forecast of Ukraine’s GDP growth in 2023 to 3.2%

According to the draft state budget for 2023 for the second reading, inflation next year will be 29%

Inflation reduced the growth rate to 0.7% in Ukraine in July

Year-on-year growth in consumer prices accelerated to 22.2%

Decreasing grain export from Ukraine can cause global food shortage

Food shortage will fuel inflation and accelerate migration from Africa and Middle East

In Ukraine, inflation increase hit 3.1% in June

Year-on-year growth in consumer prices reached 21.5%

Inflation in Ukraine hit 20.1% in June

The key inflation factors are high energy prices, disruption of logistics, destruction of industrial facilities and infrastructure