As the attack on Ukraine intensified, the United States and other Western countries imposed unprecedented economic sanctions on Russia and declared their support for Ukraine. Considering the far-reaching impact of the humanitarian crisis in Ukraine on international development in the long run, it is extremely important for the international community to implement comprehensive solutions focused on development priorities. The aim of the article is to study the impact of the war in Ukraine on inflation risks and challenges for the world economy. The information base of the study was the study of official information and periodicals. Methodological basis of the research: analysis, synthesis, systems approach, statistical methods and abstract-logical methods. Conclusions: it is expected that the war in Ukraine will have a significant impact on the economy and consumers in terms of such actions: expanding the supply chain, increasing inflationary pressures, deteriorating economic prospects.

• Нежива Марія Олександрівна (економічні науки)
• Мисюк Вікторія Олександрівна (економічні науки)

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