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Healthcare prices climbed by 1.3%, largely due to price hikes in outpatient services by 1.5% and pharmaceutical products by 1.3%.
Transportation prices dropped by 1.5%, chiefly because of a 4.6% reduction in the cost of fuel and oils, although railway passenger transport fares went up by 2.5%.
In 2023, Ukraine's inflation rate cooled to 5.1% following a spike in 2022 to 26.6%, up from 10.0% in 2021.
The National Bank of Ukraine, in January, revised its inflation forecast for 2024 downwards from 9.5% to 8.6%. The bank predicts inflation will stand at 5% by the end of the first quarter before rising to 6.6% in the second quarter and 8.8% in the third quarter.
4.4 Corp dynamics
Energy leads the ranking of the best businesses in Ukraine by turnover. The Opendatabot has published a new rating based on its index, which includes Ukrainian enterprises with the highest turnover and impeccable business reputations. The energy sector was recognized as the best in terms of enterprise procurement in 2023. Banks were also among the leaders. The following industries comprise the top ten:
● energy (20.59%) — ₴745.9B.
● wholesale trade (14.8%) — ₴535.3B.
● retail trade (12.6%) — ₴457.3B.
● extractive industry (10.1%) — ₴365.3B.
35 UKRAINE Country Report April 2024 www.intellinews.com