KYIV, Feb 19 – After a 4.1% decline last year, Ukraine's economy will grow by 4.2% this year, with inflation rising from 5% to 7.2%, according to the updated macroeconomic forecast of the Concorde Capital investment company.

According to the forecast, industrial production in 2021 in Ukraine will increase 6.5%, having won back a 5.2% decline in the past year.

The analysts at Concorde Capital predict that the hryvnia exchange rate at the end of this year will slightly decrease, to UAH 28.70/$1, and the average rate will be UAH 27.60/$1.