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macroeconomics - Latest news GMK Center

Photo – Germany’s GDP in 2023 declined for the first time since 2020 – by 0.3% y/y
Germany’s GDP in 2023 declined for the first time since 2020 – by 0.3% y/y

The country's economy decreased under the influence of high inflation, rising interest rates, and a decline in economic activity

Photo – The turnover of Ukraine reached almost $100 billion in 2023
The turnover of Ukraine reached almost $100 billion in 2023

During the year, the country imported goods worth $63.5 billion, and exported $36 billion

Photo – Ukraine’s economy is forecast to grow by 3-5% in 2024
Ukraine’s economy is forecast to grow by 3-5% in 2024

Next year steel production may reach 7.2-7.5 million tons

Photo – Industrial production in Ukraine increased by 2.4% y/y in January-September
Industrial production in Ukraine increased by 2.4% y/y in January-September

Production in steel sector and production of finished steel products during the period fell by 3.6% y/y

Photo – The volume of construction work in Ukraine  increased by 21% y/y in January-September
The volume of construction work in Ukraine increased by 21% y/y in January-September

Engineering structures became the driver of construction growth during this period, increasing the indicator by 34.4% y/y

Photo – Ukraine’s GDP grew by 9.3% y/y in Q3 – State Statistics Service
Ukraine’s GDP grew by 9.3% y/y in Q3 – State Statistics Service

Compared to the previous quarter, the country's economy grew by 0.7%

Photo – The deficit of the state budget of Ukraine increased to UAH 145.1 billion in November
The deficit of the state budget of Ukraine increased to UAH 145.1 billion in November

In October, this indicator was 98.4 billion UAH, and in September – 87 billion UAH

Photo – Ukraine’s GDP grew by 10.5% y/y in October
Ukraine’s GDP grew by 10.5% y/y in October

For January-October 2023, economic growth is estimated at 5.5% y/y

Photo – Industrial production in France decreased by 0.4% m/m in September
Industrial production in France decreased by 0.4% m/m in September

In the third quarter, the indicator increased by 0.2% y/y, but decreased by 0.2% q/q

Photo – GDP of the Eurozone in Q3 decreased by 0.1% q/q
GDP of the Eurozone in Q3 decreased by 0.1% q/q

The economy of the European Union grew by 0.1% q/q in July-September

Photo – GDP of Ukraine increased by 9.1% y/y in September
GDP of Ukraine increased by 9.1% y/y in September

In January-September, the Ukrainian economy recovered by 5.3% y/y

Photo – Real GDP of Ukraine increased by 19.5% y/y in Q2
Real GDP of Ukraine increased by 19.5% y/y in Q2

The Ukrainian economy has adapted to force majeure conditions, according to the relevant department

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