macroeconomics - Latest news GMK Center

In the first two months of the year, the figure fell by 4.6% y/y

Non-residential construction became the driver of the industry instead of the civil engineering segment

The defense industry, pharmaceuticals, steel sector, food industry, and construction materials manufacturing showed positive dynamics

Ukraine needs new drivers of growth, which can only be found in the industrial sector

Supporting factors included $52.4 billion in international aid, development of the agro-industrial complex and defense industry

Energy prices fell by 4.1% y/y

According to the regulator, economic activity in the country is growing at a steady pace

Conjunctural assessments indicate that the situation in the steel industry is worse than the average for Ukrainian industry

In the context of external challenges for Ukraine, internal factors are becoming critically important

Business confidence in Ukraine declined in the fall amid worsening electricity shortages

Amid shelling, rising tariffs, and a lack of new drivers for the economy, Ukraine can expect minimal growth at best

In 2026, the National Bank expects Ukraine's GDP to grow by 2% y/y, with average annual inflation at 6.6% y/y