Key Economic Indicators for Ukraine and World as of Late June–Early July
This article presents key macroeconomic indicators for Ukraine and the global economy as of late June 2026.
As of late June 2026, Ukraine's economy demonstrated macrofinancial stability and experienced modest growth after a contraction at the beginning of the year. Consumer inflation slowed significantly, but underlying price pressures intensified. International reserves rose sharply due to large-scale external financing, while the trade deficit widened to $28.3 billion. Ukraine's real GDP in the second quarter of 2026 increased by 0.4% compared to the second quarter of 2025, with nominal GDP reaching 2,305.7 billion UAH.
The National Bank of Ukraine projected Ukraine's real GDP growth in 2026 to be only 1.3%, with expectations of acceleration to 2.8-3.7% in 2027-2028 if economic conditions normalize and investment activity rebounds. Ukraine's economy emerged from a technical recession at the start of the year, but the year-over-year growth of 0.4% indicates near stagnation.
Inflation remained mixed, with overall consumer inflation slowing to 7.2% year-over-year, driven by increased supply of raw food products. However, core inflation accelerated to 8.1% year-over-year and services saw an increase of nearly 14%. Fuel prices, which had been rising, remained extremely high at about 33.4% year-over-year.
International reserves strengthened in June, reaching $51.269 billion, a 12.1% increase from the previous month. The National Bank kept the policy rate at 15% to support hryvnia savings and currency stability, while monitoring the need for further rate hikes if inflationary pressures persist.
Written by urgent.news from Interfax-Ukraine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
