macroeconomics

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

Over the year, the steel industry and production of finished metal products declined by 3.1%

The steel industry with a fall rate of 14.2% in November was among the sectors leading the industrial collapse

Steel production dropped by 14.2%

Nominal GDP amounted to ₴1,105.5 billion, ₴26,300 or $1,125 per capita

The figure is again close to a neutral area of 3 points

The country’s credit rating did not change — Ukraine remains very risky

The WB revised its original forecast of 3.4%

GDP grew by 0.7% compared to Q2 2019

Ukraine’s economy remains resilient to political factors but the pace of growth will stay somewhat modest

The largest drop was recorded in the industry and construction due to low expectations for order volumes

A 3.3% increase is expected in Q4 2019