What will be the dollar and inflation in 2017-2018. The consensus forecast of experts

The average dollar rate in Ukraine in 2017 will be 28 hryvnia, inflation at 11.7%, and the GDP will increase 2.4 percent.

Such predictions voiced by the experts who were interviewed, the Ministry of economic development and trade.

“In 2017, all the experts expect a revival of economic development in comparison with the year 2016. So, the consensus estimate of GDP growth in 2017 is 2.4%. Inflation is projected by experts at 11% (December to December of the previous year),” – said in the message of Ministry of economic development.

According to experts, by the end of 2017 the dollar will rise to 29.85 UAH. The average rate in 2018 will be 29,95 UAH, and at the end of the year – 30,10 UAH.

GDP in 2018 is expected to grow by 3.1%, while inflation amounted to 8.2%.

Note that the government forecast of the dollar, which was laid in the state budget for 2017, is 27.2 of the hryvnia. The Cabinet forecasts GDP growth at 3% and the inflation rate will be 8.1%.

After raising the minimum wage in two times – up to 3,2 thousand UAH – the national Bank has lowered the forecast inflation rate to 9.1%.

Also , the national Bank predicts growth of prices due to the increase in the minimum wage.