The hryvnia rate will face inflation at 1%, according to NBU.
The money will depreciate by one more percent, according to the agency.
While raising the minimum salary, the inflation will increase by 1%. In the meantime, Ukraine’s GDP will increase by 0.5%, Deputy NBU Governor Oleg Churii said in the interview to LIGA.net.
«Raising minimum salary has double effect. On the one hand, it positively influences GDP growth, according to our estimates, by 0.5%; on the other hand, it will increase inflation by 1%. This is one of the factors, which will affect our monetary policy», Churii said.
According to Churii words, this week the National Bank will provide an inflation report with the updated forecast on inflation.
«But even with raising the minimum salary we reach our goal of 8% plus or minus 2%», former NBU Governor concluded.
It should be reminded that previously NBU explained the decrease in the hryvnia rate with the business decline, traditional for the first three months of the year.
