In the first quarter, GDP increased 1.8% over the same period last year, according to preliminary estimates released by the National Statistics Institute on 28 April. The figure came in well below the 4.7% expansion recorded in the final quarter of 2011 and also undershot market expectations of a 2.5% increase. A quarter-on-quarter comparison corroborates the deterioration suggested by the annual figures, as the economy contracted a seasonally adjusted 0.3% over the previous quarter, which contrasted the 0.6% increase observed in the fourth quarter. Revised and more complete data for GDP will be released in June. The Central Bank expects GDP to grow between 3.0% and 4.0% this year, while the government sees economic growth at 3.9%.
GDP slows down sharply in Q1
April 28, 2012
Looking for forecasts related to GDP in Ukraine? Download a sample report now.
Ukraine Economic News
October 10, 2016
In September, consumer prices rose 1.8% from the previous month, which contrasted August’s 0.3% decrease.
September 26, 2016
Industrial production returned to growth in August, after contracting in July.
September 21, 2016
Ukraine’s recovery gained steam in the second quarter, as the country heals from a deep recession.
September 16, 2016
In August, consumer prices fell 0.3% over the previous month, which followed July’s 0.1% decrease.
September 15, 2016
Stabilizing inflationary pressures in Ukraine’s tattered economy prompted the National Bank of Ukraine (NBU) to decide to cut the key policy rate from 15.50% to 15.00% at its 15 September monetary policy meeting.