Inflation remains a critical focal point in 2024, shaping economic landscapes both in Ukraine and globally. Various drivers, including geopolitical tensions and supply chain disruptions, have pushed inflation rates to new heights. Recent reports indicate shifts in both consumer pricing and nationwide economic policies responding to these changes. Ukraine struggles with inflation rates projected at 9.6% by year-end, influencing everyday life and fiscal strategies. Simultaneously, global economies grapple with the knock-on effects of escalated inflation due to ongoing conflicts and policy adjustments. This overview provides insights into the current state of inflation and its broader impact on economic stability.