International agency Fitch Ratings predicts slowdown of economic growth in Ukraine. This is due to a shortage of labor and electricity.
The agency forecasts growth to reach 4% in 2024, supported by normalizing trade activity in the Black Sea, higher government spending and household incomes benefiting from real wage growth.
"Although Ukraine has demonstrated resilience and ability to adapt to the war, we forecast growth to slow to 2,9% in 2025 due to labor and energy shortages," — the message says.
Analysts of the agency believe that "a long-term and reliable ceasefire can significantly improve the country's growth prospects in 2025-2026."
Fitch forecasts inflation to average 9,3% in 2025, compared to 6,2% in 2024.
"Rapid wage growth amid labor shortages and skills mismatches can support price pressures on domestic demand," — the forecast says.
Thank you for being with us! Monobank for the support of the ElitExpert editorial office.
