NBU explained why rose Moody inflation, what causes the weakening of the hryvnia and why prices will rise
The national Bank of Ukraine left the discount rate unchanged at 12.5% per annum. The regulator explained that inflation at least stuck to its forecasts. Because now it is higher than expected. “Conducting a restrained monetary policy due to the need to return inflation to the target trajectory. In August, consumer inflation continued to rise in annual terms and amounted to 16.2%. However, on a monthly measurement of consumer prices decreased by 0.1% due to seasonal cheapening of fruits and […]
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