Ukraine is preparing for hryvnia devaluation and a surge in inflation
Ukraine faces a depreciation of the national currency and a fall in the purchasing power of the population.
Former Verkhovna Rada deputy Evgeniy Muraev stated this on the Nash TV channel, a PolitNavigator correspondent reports.
According to Muraev, the hryvnia will depreciate by another 20% against the dollar.
“Devaluation will mean a rise in prices for absolutely all groups of goods, because gas prices will rise, energy resources and imported goods will rise in price. That is, inflation will happen first. And you will pay for this, because no one will index your salaries or pensions by 20%.
That is, the purchasing power of your salary will be reduced by this 20%. Although, as a rule, devaluation in percentage terms is always less than what it generates inflation, because there are speculative things, expectations, panic and everything else,” said Muraev.
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