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The National Bank of Ukraine has improved its macro forecast for 2023

05 Aug, 2023
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The National Bank of Ukraine has improved its macro forecast for 2023

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The National Bank of Ukraine has improved its macro forecast for 2023 – it expects the Ukrainian economy to grow by 2.9% instead of 2% and inflation to slow down to 10.6% (previously expected to be 14.8%).

It was influenced by the results of the first two quarters of the year, which turned out to be better than the regulator had predicted.

However, the Ukrainian investment companies Dragon Capital and ICU have more optimistic forecasts of GDP growth – 4.5% and more than 5%, respectively.

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