What will happen to fuel prices: the forecast of the National Bank
The increase in demand for fuel, in particular for generators, accelerated its rise at the end of 2022 (up to 69.4% y/y in December). This is stated in the inflation report of the NBU.
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NBU forecast
In 2023, one of the main factors in fuel price increases will be the expected return of its taxation system to the pre-war level, the National Bank notes.
“This will also fuel general inflation due to the effects of transferring the cost of fuel to the cost of other goods and services, including transport,” the report says.
“In the future, fuel prices will be stabilized due to the gradual decrease in world oil prices, and from 2024, the fuel component, both directly and through secondary effects, will contribute to slowing general inflation,” the NBU added.
Prices for gasoline, diesel, gas at gas stations in Ukraine Author: 
News feed editor Anna Nedogybchenko. She writes on the following topics: Finance, banks, economy, investments
Source: Ministry of Finance
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