This was reported in the press service of the National Bank.

As noted in the department, the further growth of social spending at a higher rate than the overall increase in labor productivity in the economy, can increase inflationary pressures.

Also in the regulator warned about the likelihood of the formation of more stringent monetary conditions than provided for in the baseline scenario. So, in the case of increased inflationary pressures due to accelerated growth of budget expenditures on social benefits.

As previously reported in URA-Inform, the National Bank of Ukraine at the auction sold 47.3 million dollars at the rate to 28.86 hryvnia per dollar. Thus, the NBU satisfied 25 applications.