Ukraine's central bank: warehouse strikes to push inflation higher
Ukraine's National Bank baseline forecast, updated in late July 2026 — which raised the 2026 inflation projection from 9.4% to 10.0% and the 2027 projection from 6.5% to 6.9% — did not account for new attacks on logistics infrastructure and the resulting destruction, which is now expected to add modestly to consumer price growth, NBU Deputy Governor Volodymyr Lepushynskyi said on Sept. 8,…
Ukraine's National Bank revised its inflation forecast in late July 2026, raising the 2026 projection from 9.4% to 10.0% and 2027 from 6.5% to 6.9%. However, the bank now anticipates an increase in consumer prices due to recent attacks on logistics infrastructure, according to Deputy Governor Volodymyr Lepushynskyi. The additional impact from logistics restructuring could add 0.4 to 0.6 percentage points to annual inflation by the end of 2026.
Most of this effect is expected to manifest in the fall, though it will be gradual and partially offset by competitive pressures and reduced demand. Lepushynskyi emphasized that damage to a warehouse or distribution center does not necessarily result in full price increases, as logistics and storage typically account for only about 8% of the average consumer price.
Written by urgent.news from New Voice of Ukraine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
