The Ukrainian central bank expects inflation to peak at 15.0% YoY by the middle of this year, before falling to 8.4% by the end of the year. Poor harvests and higher wages, driven by labor shortages, are pushing up inflation currently. The national bank also said it expects a gradual decline in external financial assistance over its forecast horizon, as the economy stabilizes. It has a baseline scenario of receiving international financing of USD 38.4 bln, USD 25 bln, and USD 15 bln, over the years 2025, 2026, and 2027.