Inflation in Ukraine in September accelerated to 24.4% y / y from 23.8% y / y in August, according to the macroeconomic and monetary monthly review of the National Bank of Ukraine (NBU), released on Thursday.
According to him, the main reasons for the acceleration of inflation are the consequences of the war and the occupation of part of the country’s territory, including the disruption of supply chains, the destruction of industries, the reduction in the supply of goods and services, and the increase in business production costs.
The acceleration of inflation was also affected by further pass-through to prices of the July adjustment of the hryvnia against the US dollar, which was necessary to maintain the stability of the Ukrainian economy.
At the same time, price growth is constrained by fixing tariffs for gas and heat, and partial adjustment of supply chains, in particular, oil products.
The regulator pointed out that inflation expectations are further deteriorating, in particular, businesses expect inflation to reach 25% in the next 12 months.
