Ukraine’s GDP - Latest news GMK Center

Yet, a 4.2% GDP growth is projected in 2021

Ukraine’s steel industry declined by 13.2%

A decline in Ukraine’s steel industry accelerated to 13.6% in a month

GDP declined by 9.9% against the previous quarter

Experts consider a second wave of the COVID-19 pandemic in H2 2020 is highly possible

The economic recession in Q2 reportedly reached 11%

The main reason - restrictions on certain activities

Forecast for interest rate remains at 6%

The second quarter is expected to bring a deeper real GDP contraction

The agency had expected a 1.5% economic decline in Ukraine

The updated government’s action plan is sent to the Verkhovna Rada for consideration

Economic recession may reach around 10% in Q2