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Economic climate

Ukraine Macroeconomic Situation. October 2012

Ukraine Macroeconomic Situation. October 2012

The slowdown in the Ukrainian economy intensified in August-September, affected by further weakening of the external environment and softening domestic demand. Ukraine’s industrial output fell by 4.7% yoy in August and 7% yoy in September. Slipping global demand for steel and iron ore weighed on the steel and mining industries. In addition, production of machinery [...]
January 4, 2013 | more

Ukraine Macroeconomic Situation. August 2012

Further deterioration in the external environment and weakening support from domestic drivers of growth weighed on Ukraine’s real sector performance in July. Thus, fears over the Eurozone sovereign-debt crisis, worries of a fasterthan- expected slowdown in Asian economies and worsening trade relations with Russia, the largest trade partner of Ukraine, hit the export-dependent industries and [...]
November 4, 2012 | more
Ukraine Macroeconomic Situation. July 2012

Ukraine Macroeconomic Situation. July 2012

According to early State Statistics Committee of Ukraine estimates, real GDP growth accelerated to 3% yoy in 2Q 2012, up from 2% yoy in the previous quarter. The acceleration may be attributed to stronger private consumption, an earlier harvesting campaign and co-hosting of the Euro-2012 football championship. Thus, loose fiscal policy and record low inflation [...]
November 3, 2012 | more
Ukraine Macroeconomic Situation. June 2012

Ukraine Macroeconomic Situation. June 2012

The Ukrainian economy accelerated in May despite ongoing weaknesses in external demand. Private consumption, supported by a 15.5% yoy increase in real wages over the first five months of the year, remained the main driver of economic growth in 2012. Strong real wage growth was in part due to generous social spending from the budget [...]
November 2, 2012 | more
Ukraine Macroeconomic Situation: March 2012

Ukraine Macroeconomic Situation: March 2012

The Ukrainian economy kept showing resilience to a challenging external environment in the first two months of 2012. The economy maintained growth momentum, expanding by about 2% yoy in February 2012, according to early NBU estimates. As in the previous month, real sector growth was primarily supported by domestic consumption. Acceleration in retail sales turnover [...]
April 25, 2012 | more
How to Continue the Fast Pace of Economic Growth in Ukraine

How to Continue the Fast Pace of Economic Growth in Ukraine

Ukraine’s economy is now the most dynamic one in the rapidly growing CIS region. For the last four years, its growth rates have exceeded 7% a year on average, and its real annual growth has also exceeded 7%.
November 2, 2011 | more
Moody’s UPS Ukraine’s Rating Outlook to Positive

Moody’s UPS Ukraine’s Rating Outlook to Positive

Moody's Investors Service said it changed its ratings outlook for Ukraine on Wednesday from stable to positive on exceptional macroeconomic performance that has helped foreign currency reserves and debt ratios.
November 2, 2011 | more
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