macroeconomics

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Construction in the European Union decreased by 1.2% y/y in March

Compared to February 2023, the indicator decreased by 1.9%

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Inflation rate in Ukraine slowed down to 0.2% in April

Compared to March 2022, inflation slowed to 17.9%

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Inflation rate in Ukraine accelerated to 1.5% in March

Compared to March 2022, inflation slowed to 21.3%

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Industrial production in Ukraine for 2022 decreased by 36.9%

Production in steel industry and production of finished steel products fell by 62.5% over the year

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The State Statistics Service estimates a fall in Ukraine’s GDP in the IV quarter of 2022 at 31.4% y/y

The country's economy decreased by 4.7% in October-December 2022 compared to the previous quarter

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The rate of decline in Ukraine’s GDP slowed to 26% in February 2023 – Ministry of Economy

Economic activity began to gradually recover, taking into account the significant reduction in the electricity deficit

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Analysts expect the Ukrainian economy to fall by 0.5% in 2023

Although current forecasts are characterized by a high level of uncertainty, they have improved due to stability in the power system

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The deficit in foreign trade in goods exceeded $11 billion in 2022

Export of goods for the year amounted to $44.15 billion, and import – $55.27 billion

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NBU worsened GDP growth forecast for 2023 to 0.3%

The National Bank expects the country's real GDP to grow by 4.1% in 2024

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The IMF expects the global economy to improve in the second half of 2023

In the USA and the EU, positive indicators have recently been observed

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Ukraine increased exports to the European Union by 4.2% y/y in 2022 – Ministry of Economy

During the year, the EU purchased Ukrainian goods worth about $28 billion

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What will be the dynamics of the world economy in 2023

Analysts expect that in 2023 the economies of Asian countries will grow, while the USA and the Eurozone are threatened with recession

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