Hospodárstvo

Not only war is influenced: Ukrainians have warned about inflation and rising prices

Significant destruction of infrastructure, closure of enterprises, as well as permanent Russian terror, especially civilians, provoked imbalance in the economy. Therefore, inflationary factors continue to intensify under wartime. In Ukraine, inflationary processes will accelerate in the near future. The reason: the restoration of the economy and the growth of consumer demand, according to the inflationary report compiled by the Ministry of Economy.

"In the absence of the destruction of critical infrastructure in threatening volumes, it is likely that in the near future it will be saved relative to the restrained inflation, but with the expected increase, determined primarily by the expansion of consumer demand in the conditions of gradual stabilization of the economy," the ministry predicts.

It is noted that the significant destruction of infrastructure objects, the closure of enterprises, as well as the permanent Russian terror of the civilian population provoked imbalance in the economy (for example, in the labor market, in the energy sphere, in providing enterprises with raw materials and materials). Therefore, inflationary factors continue to intensify under wartime. In January 2023, consumer inflation remained almost at the level of the previous month - 0. 8% per month (0.

7% in December 2022), and annual rates slowed down to 26% (from 26. 6%). The Ministry of Economy believes that the current dynamics of consumer prices have determined mostly all the main factors that were inherent to it in the last months of 2022. First of all, it is the dynamics of restrained demand and the consequences of regular enemy attacks on critical infrastructure with emphasis on energy facilities and the ability of appropriate services, business and the population to recover quickly.

According to the State Statistics Committee, from December 2022 to January 2023 there were no strong changes in prices. In total, the cost of products, goods and services has only risen by 0. 8%. For example: But somewhat cheaper. For example: earlier, focus said that the NBU believes that inflation in Ukraine would begin to decline in the spring of 2023.