economic forecast

Ukraine's central bank: warehouse strikes to push inflation higher

Ukraine's National Bank baseline forecast, updated in late July 2026 — which raised the 2026 inflation projection from 9.4% to 10.0% and the 2027 projection from 6.5% to 6.9% — did not account for new attacks on logistics infrastructure and the resulting destruction, which is now expected to add modestly to consumer price growth, NBU Deputy Governor Volodymyr Lepushynskyi said on Sept. 8, according to Interfax-Ukraine.

9 September, 11:58 AM

Russian economic boom over as GDP growth expected to plummet through 2032

The Russian economy is facing years of sluggish growth with GDP gains not exceeding 2% annually through 2032, a sharp decline from the 4% expansion seen during the peak wartime boom of 2023–2024, according to a consensus forecast by Russia’s HSE Development Center.

31 August, 11:53 AM

Prices for three basic foods rise sharply in Russia

Prices for sugar, chicken and buckwheat have risen sharply in Russia, with the pace of price increases accelerating, The Moscow Times reported on Aug. 7.

7 August, 05:45 PM

Ukraine government cuts GDP growth forecast after energy strikes caused Q1 contraction

Ukraine's Cabinet of Ministers is preparing a downward revision of its macroeconomic forecast, with GDP growth projected to come in below the 2.4% target set in the state budget, Economy Minister Oleksii Sobolev said in an interview with RBC-Ukraine on May 18.

18 May, 04:01 PM

Inflation in Ukraine will be significantly higher than expected — NBU

Ukraine’s year-end inflation forecast has risen to 9.4% from 7.5% projected in January, while inflation is expected to slow to 6.5% next year and 5% in 2028, National Bank Council member Vasyl Furman said on May 13.

13 May, 11:39 AM

IMF warns of global shock from Middle East conflict

The U.S.-Israeli military campaign against Iran threatens a "global but asymmetrical" shock that clouds the prospects of recovering economies, International Monetary Fund (IMF) wrote on March 30.

31 March, 12:41 PM

Ukraine's economy 'still standing' despite massive deficits - NBU Chief

Ukraine’s economy faces a "slow recovery" with massive budget and current account deficits, National Bank of Ukraine (NBU) Chief Andrii Pyshnyi said in an interview with NV Business.

12 February, 01:43 PM

CFOs brace for 2025 recession under Trump

A majority of chief financial officers at major U.S. companies expect a recession in the second half of 2025, CNBC reported on March 25, citing survey data showing 60% foresee a downturn next year and another 15% in 2026.

26 March 2025, 02:36 PM

January 2025 inflation in Ukraine at 1.2%

Consumer prices in Ukraine rose by 1.2% in January 2025—notably lower than in December (1.4%) and November (1.9%) of 2024, according to the State Statistics Service.

10 February 2025, 08:12 PM

National bank cuts 2025 growth forecast amid rising inflation

The National Bank has downgraded its economic growth forecast for 2025 to 3.6% from the previously expected 4.3%, according to its updated macroeconomic forecast released on Jan. 23.

23 January 2025, 05:35 PM

economic forecast