macroeconomics

GDP declined by 9.9% against the previous quarter

Experts consider a second wave of the COVID-19 pandemic in H2 2020 is highly possible

The economic recession in Q2 reportedly reached 11%

The main reason - restrictions on certain activities

Ministry clarified the national exchange rate

Forecast for interest rate remains at 6%

A 16.1% fall was recorded in the steel industry

The second quarter is expected to bring a deeper real GDP contraction

The agency had expected a 1.5% economic decline in Ukraine

The updated government’s action plan is sent to the Verkhovna Rada for consideration

A rise in Ukraine’s rating is a powerful positive signal to Ukrainian and foreign investors, said the Prime Minister of Ukraine, Denys Shmyhal

The regulator believes that inflation will grow at a moderate pace in the future