In 2024, the Mykolaiv region of Ukraine recorded the highest inflation rate in the country at 9.9%, significantly impacting the local economy [218d4d39]. This rise in inflation contrasts sharply with the low inflation rates reported in other regions, such as Armenia, which saw an annual inflation rate of just 0.6% during the same period [aafc939d]. The Kherson region, on the other hand, reported the lowest rent prices, with a one-bedroom apartment costing approximately 2,900 hryvnias [218d4d39]. Meanwhile, the Odesa region achieved a remarkable wheat harvest of 2,801,600 tonnes, contributing positively to the agricultural sector [218d4d39].
Vitalii Kim, the head of the Mykolaiv Regional Military Administration, announced ambitious plans for economic recovery post-war, with expectations for 60 large enterprises to open in the region starting in 2025 [218d4d39]. In 2024, Mykolaiv region also paid nearly â‚´23 billion in taxes, indicating a robust fiscal contribution despite the economic challenges posed by high inflation [218d4d39]. As Armenia projects a 7% economic growth rate for 2024, the situation in Mykolaiv highlights the stark differences in economic recovery trajectories across the region [aafc939d].