Page content
The intensification of Russia's attacks is slowing the economy and pushing prices up — the NBU has issued a forecast
The intensification of Russian attacks on businesses and infrastructure is affecting Ukraine’s economy, reducing GDP and pushing inflation higher. The negative consequences of this will also be felt in 2027. This is stated in the NBU’s October 2026 inflation report, UNN writes. According to the NBU’s estimates, the combined negative effect of these events in the third and fourth quarters of 2026 will result in real GDP in 2026 being 1.9 percentage points lower than it would have been in their absence, while annual inflation will be 0.7 percentage points higher. [...]