What consumer prices and dollar exchange rates do Ukrainians expect?

According to the NBU, both financial analysts and the public expect a slowing trend to the growth of consumer prices. Financial analysts in July predicted that inflation would be 12% over the next 12 months (13.5% in June). The population expected inflation of 13.1% in July (14% in June). Bankers now predict inflation at the level of 13.8%.

Regarding the national currency’s strength, exchange rate expectations in Ukraine began to deteriorate. Both financial analysts and citizens are waiting for devaluation. In July, financial analysts predicted the hryvnia exchange rate for the next 12 months at UAH 40.26/$1 (UAH 39.54/$1 in June). Citizens’ exchange rate expectations have worsened for the second month. In July, the population anticipated an exchange rate of UAH 39.75/$1 (in June, UAH 39.66/$1). In July, bankers forecasted the hryvnia exchange rate for the next 12 months at UAH 40.54/$1.