macroeconomics

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A fall in Ukraine’s GDP was 0.2% in January–February

A further fall in GDP may be expected in the future, which, according to the Cabinet of Ministers, will reach 4.8% in 2020

Кабмин ожидает падения ВВП в 2020 году на 4,8% (c) shutterstock.com
The government expects a 4.8% drop in GDP in 2020

According to the government’s estimates, Ukraine’s exports of goods and services will drop by 5.5% next year

Премьер допускает смягчение карантинного режима после майских праздников (c) unian.net
The Prime Minister says the quarantine may be eased after May holidays

Until a vaccine is found, mass events will be banned and public transport restricted

Минэкономики ожидает в 2020 году спад ВВП Украины на 3,9% (c) shutterstock.com
The Ministry of Economy expects a 3.9% decline in Ukraine’s GDP in 2020

The Ministry revised its initial growth forecast of 3.7%

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Ukraine’s industrial production decline slowed down to 1.5% in February

Production of steel and finished steel products declined by 4.1%

Mining & metals companies generate every eighth hryvnia of Ukraine’s GDP

One steel worker in Ukraine creates 2.2 jobs in related industries

Industrial production in January dropped by 5.1%

Production of steel and steel products declined by 10.3%, while mining of metal ores by 1.5%

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Ministry of Economy: Ukraine’s GDP fell by 0.5% in January

Volodymyr Kompaniets, economic expert, says it was the first drop in the past 49 months

Ukraine’s GDP slowed down to 1.5% in Q4 2019

This is the lowest GDP growth rate since Q2 2016

Prices for industrial products fell for three months in a row

In 2019, prices for industrial products dropped for the first time in the history of independent Ukraine

Industrial producers expect a drop in capacity utilization rate to 61.6% in Q1

Representatives of industrial companies of Ukraine predict a drop in demand for their products

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