Ukraine's Inflation Hits 11% in October: NBU Hikes Key Rate to Curb Price Growth
Annual inflation in Ukraine accelerated to 11% in October, driven by surging fuel costs and energy disruptions. The NBU responded by raising the interest rate to 16.5%.
Annual inflation in Ukraine accelerated to 11% in October, driven by surging fuel costs and energy disruptions. The NBU responded by raising the interest rate to 16.5%.
The NBU released its October Inflation Report, projecting inflation to accelerate to 12.5% in 2026 due to infrastructure attacks and rising costs.
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