Central bank: Ukraine's economy growth to slow down

The National Bank of Ukraine forecasts a slowdown in real GDP growth of Ukraine to 2.9% in 2019-2020 after the projected 3.4% growth in 2018.

As stated in the NBU inflation report for January, published on the regulator's website, in 2018, the fiscal mitigation factors will exhaust themselves, while the tight monetary policy necessary to reduce inflation will also have its effect.

According to the NBU estimates, consumer inflation in Ukraine will gradually decrease: to 8.9% at the end of 2018, 5.8% - in 2019, and 5% - at the end of 2020.

UNIAN memo. According to the Cabinet forecasts, in 2018 Ukraine's economy is expected to grow by 3% with inflation at 9%.

The International Monetary Fund forecasts the growth of the Ukrainian economy in 2018 by 3.2% with inflation of 7%, the World Bank - by 3.5% with inflation at 7%.

According to the expert consensus forecast compiled by UNIAN, the growth of Ukraine's gross domestic product in 2018 may reach 3% with inflation up to 11.5%.