The National Bank predicts a fall in Ukraine's GDP in 2022 by at least a third and a 20% rise in prices.
The deputy head of the NBU Serhii Nikolaichuk announced this during the presentation of the report on financial stability, Ukrainian News Agency reports.
"As a result of the war, as we expect, GDP will shrink by at least a third. We expect inflation to accelerate, it will exceed the level of 20%," he said.
Nikolaichuk added that these processes will remain controlled.
According to the State Statistics Service, in January-March 2022, the real gross domestic product (GDP), according to operational data, decreased by 15.1% compared to the same period in 2021.
As Ukrainian News Agency earlier reported, the European Bank for Reconstruction and Development expects Ukraine's GDP to fall by 20% instead of growing by 3.5% in 2022.
The World Bank has maintained its forecast of Ukraine's GDP fall at 45.1% in 2022.
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