The National Bank considers that the prices can go up much higher than expected.
The National Bank announced the major price surge, UA1 reports.
Thus, according to the regulator’s press service, it is noted that the rapid recovery of consumer demand, “which may be additionally stimulated by the increase of budgetary expenses and pension payment in the second half year”, will create the risk of increasing fundamental pressure over the prices.
Meanwhile, it is emphasized that amid the high current price surge indicators “there exists the risk of changing the trend of improvement of inflationary expectations, observed within the last two years”.