Weekly Insight -- Consumer inflation accelerates
Mainly due to the sharp rise in prices for food and housing services, inflation rose to 6.1% in January, exceeding the upper limit of the NBU's target range. Looking ahead, the impact of pro-inflationary factors will be partially offset by the strengthening of the exchange rate, keeping inflation not far from current levels. As before, we expect that at the next meeting on monetary issues on 4 March, the NBU Board will keep the rate on hold at 6%.
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