According to the preliminary statistics of the State Statistics Service, Ukraine’s GDP in Q3 2019 increased by 0.6% against Q2 (after seasonal adjustment) and by 4.1% against Q3 2018.
Nominal GDP amounted to ₴1,105.5 billion, ₴26,300 or $1,125 per capita.
The State Statistics Service will present the updated data in March 2020.
The economic growth rate was higher in Q2, 4.6%, and lower in Q1, 2.5%.
As reported earlier, according to the National Bank of Ukraine (NBU), Ukraine’s GDP in Q3 2019 was up by 3.5% compared to the first nine months of the previous year. The NBU anticipates a 3.3% increase in Q4.
Alfa-Bank experts expected a decline in Ukraine’s GDP growth in Q3 2019, down to 3.4–3.5%.
Finally, Fitch Ratings predicted Ukraine’s GDP growth in 2019 YoY of around 3.4% after 4.5% in Q2.
According to GMK Center, the share of steelmaking, including related industries, in Ukraine’s GDP reached 12% in 2019. The industry holds the share of about 28% in the total currency inflow to Ukraine.
The Indian steelmaker Tata Steel is making progress towards its long-term goal of expanding its…
In May, China increased its production of crude stainless steel by 2 per cent month-on-month…
PJSC Zaporizhcoke, one of Ukraine’s largest producers of coke for the metallurgical industry, saw its…
The Spanish company Hydnum Steel (HS) has secured €60 million in funding as part of…
Five Japanese industry groups representing the country’s steel sector have issued a joint statement criticising…
Algeria and Qatar have reached an agreement to expand the capacity of their joint steelworks…