Ukraine GDP to shrink 0.4% in 2026, first decline since 2022, as strikes bite

Ukraine's National Bank revised its 2026 GDP forecast from +1.8% to -0.4%, marking the first contraction since 2022, driven by Russian strikes on infrastructure. The revision signals deepening war-related economic damage and raises fiscal sustainability concerns, though the exact scale of output loss remains uncertain.

AI disclosure: Model-written summary of the source, not a verified fact. Check the sources. How Mosaic works