Ukrainian financiers anticipate inflation to slow over the next year after reaching 13.4% in February.

Consequently, according to the NBU, financial analysts in February 2025 maintained their inflation forecast at 7.8% for the upcoming 12 months. The public’s inflation expectations have improved for the second consecutive month. In February, the Ukrainian population anticipated inflation of 9.9%, down from 11% in January and 11.3% in December. Bankers in January projected inflation at 9%. This forecast has improved compared to October of last year (9.2%). R

egarding the national currency’s exchange rate, in February financial analysts downgraded their forecast for the dollar exchange rate over the next 12 months to ₴45.27 per $1. In January, they expected an exchange rate of ₴45.19 per $1. Meanwhile, the public’s devaluation expectations slightly improved in February to ₴44.01 per $1, compared to ₴44.53 per $1 in January. In January, bankers expected the dollar exchange rate to increase to ₴45.31 per $1. The previous forecast from October of last year was ₴44.92 per $1.