The economy is recovering, leading to a demand for new employees
According to a report by the NBU, there is a shortage of personnel in blue-collar professions, logistics, and retail sectors. Some industries have less than one resume per job vacancy, partly due to consequences of the war such as migration and mobilization. Employers’ requirements often exceed candidates’ skills, leading to competition for qualified workers and higher salaries.
Inflation remains low despite war, expected to moderately increase
Despite the ongoing war, inflation is at a low level. The NBU predicts a moderate increase in the coming months, exceeding 8% by year-end. However, over the next few years, inflation is expected to slow down again to the NBU target of 5%.
