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Economics
Economic news from Ukraine and the world: inflation, GDP, rates, budget and macroeconomic trends explained simply.
Russian attacks on ports cut Ukrainian grain export forecast by 12%
Ukraine revised its grain export forecast for the 2026/27 marketing year — instead of the previously expected 43 million tons, they now plan to export 38–40 million tons. This is about 12% less than the previous estimate.
Inflation in Ukraine accelerated to 7.7%: what has become more expensive and what to expect in the fall
In July 2026, the growth of consumer prices in Ukraine accelerated to 7.7% in annual terms. During the month, prices increased by another 0.3%. Food products, administratively regulated prices, transport services and fuel formed the main pressure. This was reported by the National Bank of Ukraine.
The labor market in Ukraine: salaries are growing, but not for everyone. Where they pay the most
The Ukrainian labor market remains scarce: it is increasingly difficult for companies to find employees, which forces businesses to review salaries. At the same time, employees feel the growth of incomes is much weaker than reported by employers. This is evidenced by the results of a joint study by OLX Robot and the European Business Association.
In July, Ukraine imported a record amount of gasoline for the year: who supplied the fuel
In July, Ukrainian companies imported 196,000 tons of gasoline — this is the largest monthly volume over the past 12 months. Despite the transition of the market to gasoline of the E10 standard and the increase in global oil prices, importers managed to provide the domestic market with the necessary volumes of fuel.
North Korea could earn up to $22 billion by circumventing sanctions — Bloomberg
For the years 2022-2025, the DPRK could receive up to $22 billion in foreign revenues, despite international sanctions. This is almost four times more than in the previous four years. Military cooperation with Russia, cyber-theft of cryptocurrencies, trade and access to new technologies became the main sources of funds.
The demand for dairy products in Ukraine is decreasing: producers predict a new price increase
In Ukraine, the demand for dairy products is slowing down due to a decrease in the purchasing activity of the population, a decrease in the number of paying consumers and increased competition with cheaper European cheeses. Despite weaker demand, producers expect that by the end of summer and in the autumn-winter period, the price of most dairy products may increase by another 5-10%. This was reported in the Association of Milk Producers (AVM).
Ukraine's budget received 3.25 trillion hryvnias since the beginning of the year: which sources provided the largest revenues
According to the results of January-July 2026, the state budget of Ukraine received UAH 3.25 trillion in taxes, fees, international aid and other payments. Only in July, the general fund of the budget was replenished by UAH 165.8 billion. The largest part of the income was provided by taxes, international financing, the profit of the National Bank and state borrowing. This was reported by the Ministry of Finance with reference to the data of the State Treasury Service.
Russian attacks on ports can cost Ukrainian farmers up to $3 billion
Russian attacks on the port infrastructure of Great Odesa pose serious risks to the Ukrainian agricultural sector. According to the estimates of the Ministry of Agrarian Policy, due to disruption of logistics, the losses of producers may reach from $1.5 billion to $3 billion, if sea exports are significantly limited.
The economy of Ukraine returned to growth in the II quarter of 2026
In the second quarter of 2026, the economy of Ukraine again demonstrated positive dynamics. According to preliminary estimates of the State Statistics Service, real GDP increased both quarterly and annually, which indicates a gradual recovery of economic activity.
Oil refining in Russia has fallen to its lowest level in almost a quarter of a century
In July 2026, the volume of oil refining in Russia fell to the lowest level since May 2002. One of the main reasons was the systematic attacks on the oil refining, transport and export infrastructure, which significantly limited the capabilities of the Russian fuel industry.
Ukraine has accumulated €7.35 billion "debt" for reforms to the EU
Ukraine has accumulated unfulfilled obligations under the reforms, which depend on the funding of the European Union within the framework of the Ukraine Facility and Ukraine Support Loan programs. The total amount of funds, the receipt of which is delayed due to overdue indicators, has already reached 7.35 billion euros. At the same time, the government emphasizes that it is not about the loss of funding, but about the need to complete the reforms in order to receive the stipulated payments.
Digitizing the reconstruction of Ukraine: how artificial intelligence and electronic platforms help rebuild the country
Ukraine continues the large-scale digital transformation of reconstruction processes, integrating modern electronic services and solutions based on artificial intelligence. The Ministry of Community and Territorial Development is creating a single digital ecosystem that will bring together information on damaged facilities, construction, logistics, funding and community needs. This approach makes it possible to make decisions more quickly, allocate resources more efficiently, and increase the transparency of the implementation of the country's reconstruction projects.