Fig. 2.2. Consumer price indices in Ukraine in the years 2022-2023
start of the war on February 24, 2022. Before the escalation of the war, the CPI was 7.6 in the However, as the war began to impact the economy, there was a sharp rise in the CPI, which 2022, the CPI peaked at 26.6, indicating strong inflation likely due to the impact of the war on supply chains, production capacity and economic stability. In 2023, the CPI shows a significant decline compared to the highs of the previous year, with the first quarter at 3, followed by a slight increase to 4.6 in the second quarter. A value of 3 was reached again in the third quarter and there was a slight increase to 5.1 in the fourth economic measures to control inflation, but the situation remains dynamic and characterized Statistics on Ukraine's international trade in the midst of the war, especially in 2022, show a to $44.1bn in 2022, a decline of 35%, and fell further to $35.8bn by the end of 2023, a decline decrease of 24%. Nevertheless, imports rose by 13% in 2023, reaching a level of 1 National Bank of Ukraine, Macroeconomic Indicators. Retrieved from: https:/bank.gov.ua/en/statistic