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Ukraine's central bank holds key rate, sees slower growth, higher inflation in 2026

Published by Global Banking & Finance Review

Posted on April 30, 2026

1 min read

· Last updated: April 30, 2026

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Ukraine's central bank holds key rate, sees slower growth, higher inflation in 2026
Finance Banking Markets

Ukraine Central Bank Holds Rate, Revises Growth and Inflation Forecasts for 2026

Central Bank Decision and Updated Economic Outlook

Key Interest Rate Maintained

KYIV, April 30 (Reuters) - Ukraine's central bank kept its key interest rate unchanged at 15% on Thursday, as expected, and said the country's economic growth would be slower and inflation higher than initially expected this year.

Revised Economic Forecasts

GDP Growth Outlook

The central bank downgraded its forecast for gross domestic product to 1.3% in 2026 from 1.8% previously.

Inflation Projections

It revised its inflation forecast for this year to 9.4% from 7.5%.

Reporting and Editorial Credits

(Reporting by Olena Harmash. Editing by Mark Potter)

Key Takeaways

  • Central bank held key rate steady at 15%—a cautious pause amid rising inflation risks (bank.gov.ua)
  • GDP growth forecast for 2026 downgraded from around 1.8% to 1.3%, signaling weaker macro outlook (bank.gov.ua)
  • Inflation forecast for 2026 raised to roughly 9.4%, up from about 7.5%, reflecting sustained price pressures (bank.gov.ua)

References

Frequently Asked Questions

What is Ukraine's current key interest rate?
Ukraine's central bank has kept its key interest rate unchanged at 15%.
Why did Ukraine's central bank decide to hold the key rate?
The central bank held the key rate at 15% in response to slower expected economic growth and higher inflation.
Who reported the central bank's decision on interest rates?
The report was by Olena Harmash, with editing by Mark Potter.

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