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Thursday, September 1, 2022

GDP growth and the dollar for 50 hryvnias: the forecast of the Ministry of Economy for 2023 became known

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In Ukraine, where inflationary processes have intensified due to the war, in 2023 the dollar exchange rate may reach UAH 50, and the consumer price index will be 30.6%.

Such figures are included in the macroeconomic forecast of the Ministry of Economy, Economic Truth reports, citing sources in the Cabinet of Ministers.

According to the macro forecast, at the beginning of 2023, the dollar exchange rate may reach 42 UAH, and at the end of the year, the hryvnia will devalue to 50 UAH per dollar.

At the same time, the government expects that next year the gross domestic product should grow by 4.6%. At the same time, by the end of 2022, it will decrease by 33.2%.

Will rise next year and prices. Inflation in the macro forecast for 2023 should be 30.6% (as of June it was 22.2%), the unemployment rate - 28.2%, and the average salary - 18,508 hryvnias.

Read the exclusive material “Will the dollar and euro exchange rate return to pre-war levels: says economist Andrey Novak” on the FACTS website.

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Source: Fakty

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