The National Bank of Ukraine is expecting a review of tariffs for housing and communal services from 2026.
This is stated in the materials of the NBU, the Ukrainian News agency reports.
"The gradual bringing of fixed tariffs to market levels, which, according to the assumptions, will begin in 2026, will become a significant pro-inflationary factor at the end of the forecast period," the report says.
The NBU expects that the current tariffs for gas, heating and hot water supply will not be revised during 2024‒2025.
However, in view of the difficult situation in the energy industry, it is predicted that from 2026 these tariffs will begin to be gradually reduced to their economically justified levels.
Uncertainty with the timing and amount of tariff adjustments, primarily energy tariffs, is a separate risk for the inflation forecast.
In the case of a rapid increase in the cost of energy carriers or other tariffs, an additional contribution to the inflation indicator will be formed in housing and communal services, and there will also be a need to increase subsidies for the population.
On the other hand, the long-term postponement of decisions on the increase of tariffs for housing and communal services will lead to a lower level of inflation, but will accumulate quasi-fiscal imbalances and worsen the financial condition of state-owned energy companies.
This will increase the risks of instability in the energy market, impair the industry's investment potential, while price pressure will be postponed for the future.
As the Ukrainian News agency earlier reported, in August of this year, the National Bank expected a gradual increase in tariffs for housing and communal services from 2025.
Who we are: About us, Contacts. How we write news and our principles: Editorial code. We did our best. If you found this valuable – please support us.
To request a correction, please send an email.