Monthly Consumer Price Index release covering August 2026 (~9th-10th of the month). Provisional exact day.
Upcoming
16 key official events aheadSecond review of the 48-month US$8.1bn EFF approved 26 Feb 2026, expected on or after 1 September 2026; completion would release a further 2026 tranche (the programme envisages about US$3.8bn across 2026). (Provisional — exact Board date depends on the staff mission and benchmarks.)
Scheduled NBU Board monetary policy meeting; decision and press briefing at 14:00 Kyiv time. An interim 'risk-assessment' meeting (no new full forecast).
Monthly Consumer Price Index release covering September 2026 (~9th-10th of the month). Provisional exact day.
Next 90-day extension of martial law and general mobilization, voted before the period that began 2 August 2026 lapses (~late October / early November). (Provisional date within the window.)
Scheduled NBU Board monetary policy meeting; decision and press briefing at 14:00 Kyiv time. A quarterly 'forecast' meeting accompanied by a new Inflation Report.
Quarterly macroeconomic forecast and Inflation Report accompanying the October key-rate decision, published per the official monetary-policy publications schedule.
Monthly Consumer Price Index release covering October 2026 (~9th-10th of the month). Provisional exact day.
Monthly Consumer Price Index release covering November 2026 (~9th-10th of the month). Provisional exact day.
Final scheduled NBU Board monetary policy meeting of 2026; decision and press briefing at 14:00 Kyiv time. An interim 'risk-assessment' meeting closing out the year.
Monthly Consumer Price Index release covering December 2026, giving full-year 2026 inflation (~9th-11th of January). Provisional exact day.
First NBU Board monetary policy meeting of 2027, a quarterly forecast meeting with a new Inflation Report. (Provisional — the NBU had not yet published its 2027 meeting calendar; date estimated from the usual late-January Thursday slot.)
Parliament's spring session opens on the first Tuesday of February per Article 83 of the Constitution. (Provisional — exact opening sitting depends on the published 2027 sessional calendar.)
Interim 'risk-assessment' NBU Board monetary policy meeting. (Provisional — 2027 calendar not yet published; date estimated from the typical mid-March Thursday slot.)
Quarterly forecast NBU Board meeting with a new Inflation Report; markets watch for the start of the easing cycle (the NBU signalled no cuts before Q2 2027). (Provisional — 2027 calendar not yet published; date estimated from the typical late-April Thursday slot.)
Interim 'risk-assessment' NBU Board monetary policy meeting. (Provisional — 2027 calendar not yet published; date estimated from the typical mid-June Thursday slot.)
Recent events
ua48Russia's Escalation of Jet-Powered Drone Attacks on Ukraine
Russia has escalated its use of jet-powered drones in attacks on Ukraine, launching over 800 in the past four days. These drones, including the Shahed models with turbojet engines, are three times faster and harder to shoot down than previous interceptors. Over half of the drones fired were jet-powered, with Kyiv being the main target. The strikes target logistics, shopping centers, postal terminals, critical infrastructure, and other strategic sites, destroying about 90% of Ukraine's modern warehouse space in recent weeks and significantly disrupting grain exports. Russia has also employed Banderols, a system combining drone and missile features, flying at up to 600 kilometers per hour and being harder to shoot down. This event extends the ongoing conflict dynamics involving advanced drone technology.
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Russia's Escalation of Jet-Powered Drone Attacks on Ukraine
Russia has escalated its use of jet-powered drones in attacks on Ukraine, launching over 800 in the past four days. These drones, including the Shahed models with turbojet engines, are three times faster and harder to shoot down than previous interceptors. Over half of the drones fired were jet-powered, with Kyiv being the main target. The strikes target logistics, shopping centers, postal terminals, critical infrastructure, and other strategic sites, destroying about 90% of Ukraine's modern warehouse space in recent weeks and significantly disrupting grain exports. Russia has also employed Banderols, a system combining drone and missile features, flying at up to 600 kilometers per hour and being harder to shoot down. This event extends the ongoing conflict dynamics involving advanced drone technology.
Russia has escalated its use of jet-powered drones in attacks on Ukraine, launching over 800 in the past four days. These drones, including the Shahed models with turbojet engines, are three times faster and harder to shoot down than previous interceptors. Over half of the drones fired were jet-powered, with Kyiv being the main target. The strikes target logistics, shopping centers, postal terminals, critical infrastructure, and other strategic sites, destroying about 90% of Ukraine's modern warehouse space in recent weeks and significantly disrupting grain exports. Russia has also employed Banderols, a system combining drone and missile features, flying at up to 600 kilometers per hour and being harder to shoot down. This event extends the ongoing conflict dynamics involving advanced drone technology.
ua48Russian Drone Attacks on Mykolaiv Region Continue with New Casualties
Russian drone attacks on the Mykolaiv region have continued, with a new attack on September 1 injuring a 54-year-old man and causing a cargo vehicle to catch fire. This incident follows previous strikes on August 30 and during the night of August 31, which damaged vehicles and a warehouse and injured a man, highlighting the ongoing aerial assaults on civilian areas and infrastructure in southern Ukraine.
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Russian Drone Attacks on Mykolaiv Region Continue with New Casualties
Russian drone attacks on the Mykolaiv region have continued, with a new attack on September 1 injuring a 54-year-old man and causing a cargo vehicle to catch fire. This incident follows previous strikes on August 30 and during the night of August 31, which damaged vehicles and a warehouse and injured a man, highlighting the ongoing aerial assaults on civilian areas and infrastructure in southern Ukraine.
Russian drone attacks on the Mykolaiv region have continued, with a new attack on September 1 injuring a 54-year-old man and causing a cargo vehicle to catch fire. This incident follows previous strikes on August 30 and during the night of August 31, which damaged vehicles and a warehouse and injured a man, highlighting the ongoing aerial assaults on civilian areas and infrastructure in southern Ukraine.
ua46Russian Missile and Drone Attacks on Kyiv Continue, Causing Casualties and Damage
Continuing the pattern of Russian missile and drone attacks on Kyiv, a recent incident resulted in at least eight deaths and multiple injuries, coinciding with heightened security measures as children returned to school after the summer holidays. The Kyiv region has been under sustained pressure from Russian drone attacks in recent weeks, with jet-powered drones adding to the threat. A massive attack on Kyiv and its surrounding region, involving various missiles and 168 drones, killed at least 14 and injured over 40, and damaged the office of the We – Ukraine TV channel. The Ukrainian air force had earlier warned of the threat of "ballistic weapons and other means of attack against Kyiv and the region", and officials reported a massive attack by Russian missiles and strike drones, with as many as a dozen air-raid alerts a day.
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Russian Missile and Drone Attacks on Kyiv Continue, Causing Casualties and Damage
Continuing the pattern of Russian missile and drone attacks on Kyiv, a recent incident resulted in at least eight deaths and multiple injuries, coinciding with heightened security measures as children returned to school after the summer holidays. The Kyiv region has been under sustained pressure from Russian drone attacks in recent weeks, with jet-powered drones adding to the threat. A massive attack on Kyiv and its surrounding region, involving various missiles and 168 drones, killed at least 14 and injured over 40, and damaged the office of the We – Ukraine TV channel. The Ukrainian air force had earlier warned of the threat of "ballistic weapons and other means of attack against Kyiv and the region", and officials reported a massive attack by Russian missiles and strike drones, with as many as a dozen air-raid alerts a day.
Continuing the pattern of Russian missile and drone attacks on Kyiv, a recent incident resulted in at least eight deaths and multiple injuries, coinciding with heightened security measures as children returned to school after the summer holidays. The Kyiv region has been under sustained pressure from Russian drone attacks in recent weeks, with jet-powered drones adding to the threat. A massive attack on Kyiv and its surrounding region, involving various missiles and 168 drones, killed at least 14 and injured over 40, and damaged the office of the We – Ukraine TV channel. The Ukrainian air force had earlier warned of the threat of "ballistic weapons and other means of attack against Kyiv and the region", and officials reported a massive attack by Russian missiles and strike drones, with as many as a dozen air-raid alerts a day.
ua45Russia's Escalation in Ukraine: Sending 400,000 More Troops Amid Fears of Defeat
Russian President Vladimir Putin is escalating the conflict in Ukraine by planning to send an additional 400,000 troops, reflecting the ongoing tensions and military escalation in the region. This decision comes amidst fears of defeat and pressure from the Kremlin. Sources indicate that Putin believes ending the war without capturing all of the Donbas could threaten his survival, and the recruitment could be delegated to regional authorities using pressure tactics. Putin’s push for escalation comes as Russia’s military has failed to achieve a decisive breakthrough despite years of fighting.
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Russia's Escalation in Ukraine: Sending 400,000 More Troops Amid Fears of Defeat
Russian President Vladimir Putin is escalating the conflict in Ukraine by planning to send an additional 400,000 troops, reflecting the ongoing tensions and military escalation in the region. This decision comes amidst fears of defeat and pressure from the Kremlin. Sources indicate that Putin believes ending the war without capturing all of the Donbas could threaten his survival, and the recruitment could be delegated to regional authorities using pressure tactics. Putin’s push for escalation comes as Russia’s military has failed to achieve a decisive breakthrough despite years of fighting.
Russian President Vladimir Putin is escalating the conflict in Ukraine by planning to send an additional 400,000 troops, reflecting the ongoing tensions and military escalation in the region. This decision comes amidst fears of defeat and pressure from the Kremlin. Sources indicate that Putin believes ending the war without capturing all of the Donbas could threaten his survival, and the recruitment could be delegated to regional authorities using pressure tactics. Putin’s push for escalation comes as Russia’s military has failed to achieve a decisive breakthrough despite years of fighting.
ua45Ukraine Strikes Ust-Luga Oil Port Again, Igniting Fire
A fire at Russia’s Ust-Luga port on the Baltic Sea, a key oil export hub, was caused by a drone attack believed to be carried out by Ukraine, marking another attack on the port. This incident is part of Ukraine's campaign to disrupt Russian energy exports and logistics. The attack is confirmed by the regional governor. Additionally, Russian air defenses shot down over 50 drones over the Leningrad region and more near Moscow, while Russia responded with strikes on a railway station at the Ukrainian Danube port of Izmail and two tugboats near Mykolaiv. The attacks prompted flight restrictions at Moscow airports, and Latvia and Finland have taken defensive measures in the Baltic region.
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Ukraine Strikes Ust-Luga Oil Port Again, Igniting Fire
A fire at Russia’s Ust-Luga port on the Baltic Sea, a key oil export hub, was caused by a drone attack believed to be carried out by Ukraine, marking another attack on the port. This incident is part of Ukraine's campaign to disrupt Russian energy exports and logistics. The attack is confirmed by the regional governor. Additionally, Russian air defenses shot down over 50 drones over the Leningrad region and more near Moscow, while Russia responded with strikes on a railway station at the Ukrainian Danube port of Izmail and two tugboats near Mykolaiv. The attacks prompted flight restrictions at Moscow airports, and Latvia and Finland have taken defensive measures in the Baltic region.
A fire at Russia’s Ust-Luga port on the Baltic Sea, a key oil export hub, was caused by a drone attack believed to be carried out by Ukraine, marking another attack on the port. This incident is part of Ukraine's campaign to disrupt Russian energy exports and logistics. The attack is confirmed by the regional governor. Additionally, Russian air defenses shot down over 50 drones over the Leningrad region and more near Moscow, while Russia responded with strikes on a railway station at the Ukrainian Danube port of Izmail and two tugboats near Mykolaiv. The attacks prompted flight restrictions at Moscow airports, and Latvia and Finland have taken defensive measures in the Baltic region.
ua43Rivne Police Bomb Technician Killed in Explosion
A police bomb technician, 47-year-old Police Lieutenant Colonel Mykola Omelchuk, was killed and three officers were injured in an explosion at a Rivne police department. The incident is under investigation with the State Bureau of Investigation opening a pretrial investigation. Omelchuk had over 25 years of experience in explosive ordnance disposal and had previously participated in mine-clearing operations in Ukraine’s liberated areas. The blast occurred while personnel from the explosive ordnance service were carrying out their duties, and the cause of the blast is still being determined.
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Rivne Police Bomb Technician Killed in Explosion
A police bomb technician, 47-year-old Police Lieutenant Colonel Mykola Omelchuk, was killed and three officers were injured in an explosion at a Rivne police department. The incident is under investigation with the State Bureau of Investigation opening a pretrial investigation. Omelchuk had over 25 years of experience in explosive ordnance disposal and had previously participated in mine-clearing operations in Ukraine’s liberated areas. The blast occurred while personnel from the explosive ordnance service were carrying out their duties, and the cause of the blast is still being determined.
A police bomb technician, 47-year-old Police Lieutenant Colonel Mykola Omelchuk, was killed and three officers were injured in an explosion at a Rivne police department. The incident is under investigation with the State Bureau of Investigation opening a pretrial investigation. Omelchuk had over 25 years of experience in explosive ordnance disposal and had previously participated in mine-clearing operations in Ukraine’s liberated areas. The blast occurred while personnel from the explosive ordnance service were carrying out their duties, and the cause of the blast is still being determined.
ua40Ukrainian Forces Trap Russian Grouping on Kinburn Spit, Destroying Artillery
Following the withdrawal of Russian troops from the Kinburn Spit due to supply disruptions and personnel shortages, Ukrainian forces have trapped approximately 2,500 Russian soldiers on the spit, destroying much of their artillery. This action has isolated the Russian force with limited supplies, cutting off their supply lines and rendering their artillery ineffective. The Kinburn Spit's strategic location controls access to Ukraine's ports, and the Ukrainian military has been successful in cutting the road leading to the spit, forcing the Russian troops to rely on long-range guns from occupied Kherson Oblast. This development follows the earlier withdrawal of Russian troops from the spit due to supply disruptions and personnel shortages, as reported by Ukrainian partisan group Atesh.
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Ukrainian Forces Trap Russian Grouping on Kinburn Spit, Destroying Artillery
Following the withdrawal of Russian troops from the Kinburn Spit due to supply disruptions and personnel shortages, Ukrainian forces have trapped approximately 2,500 Russian soldiers on the spit, destroying much of their artillery. This action has isolated the Russian force with limited supplies, cutting off their supply lines and rendering their artillery ineffective. The Kinburn Spit's strategic location controls access to Ukraine's ports, and the Ukrainian military has been successful in cutting the road leading to the spit, forcing the Russian troops to rely on long-range guns from occupied Kherson Oblast. This development follows the earlier withdrawal of Russian troops from the spit due to supply disruptions and personnel shortages, as reported by Ukrainian partisan group Atesh.
Following the withdrawal of Russian troops from the Kinburn Spit due to supply disruptions and personnel shortages, Ukrainian forces have trapped approximately 2,500 Russian soldiers on the spit, destroying much of their artillery. This action has isolated the Russian force with limited supplies, cutting off their supply lines and rendering their artillery ineffective. The Kinburn Spit's strategic location controls access to Ukraine's ports, and the Ukrainian military has been successful in cutting the road leading to the spit, forcing the Russian troops to rely on long-range guns from occupied Kherson Oblast. This development follows the earlier withdrawal of Russian troops from the spit due to supply disruptions and personnel shortages, as reported by Ukrainian partisan group Atesh.
ua39Russian Drone Strike Destroys Sorting Line at Nova Poshta's Odesa Terminal
Russian drones have continued their campaign against Nova Poshta's logistics infrastructure, destroying the sorting line at the Odesa terminal, which is one of the eight largest innovation terminals in Nova Poshta’s network, processing between 20,000 and 50,000 parcels an hour. This attack is part of a series of strikes on Nova Poshta facilities in August, including previous strikes in Sumy, Chernihiv Oblast, Dnipro, Kharkiv, and Poltava, and is a continuation of the earlier strikes that have caused significant damage and disruptions to the company's operations across Ukraine.
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Russian Drone Strike Destroys Sorting Line at Nova Poshta's Odesa Terminal
Russian drones have continued their campaign against Nova Poshta's logistics infrastructure, destroying the sorting line at the Odesa terminal, which is one of the eight largest innovation terminals in Nova Poshta’s network, processing between 20,000 and 50,000 parcels an hour. This attack is part of a series of strikes on Nova Poshta facilities in August, including previous strikes in Sumy, Chernihiv Oblast, Dnipro, Kharkiv, and Poltava, and is a continuation of the earlier strikes that have caused significant damage and disruptions to the company's operations across Ukraine.
Russian drones have continued their campaign against Nova Poshta's logistics infrastructure, destroying the sorting line at the Odesa terminal, which is one of the eight largest innovation terminals in Nova Poshta’s network, processing between 20,000 and 50,000 parcels an hour. This attack is part of a series of strikes on Nova Poshta facilities in August, including previous strikes in Sumy, Chernihiv Oblast, Dnipro, Kharkiv, and Poltava, and is a continuation of the earlier strikes that have caused significant damage and disruptions to the company's operations across Ukraine.