In the third quarter, gross domestic product (GDP) grew 3.5% over the same quarter last year, according to a preliminary estimate released by the National Statistics Institute on 15 November. The figure nearly halved the previous quarter's 5.9% expansion and came in slightly below market expectations, which had the economy growing 3.7%. A quarter-on-quarter comparison further corroborates the notion of a marked deceleration, as the economy increased only 0.1% over the previous quarter in seasonally adjusted terms (+3.9% quarter-on-quarter). The economy is expected to recover slowly, following last year's 15.1% contraction, and overall output is not expected to return to pre-crisis levels until 2013. In fact, the government projects the economy to grow 3.7% this year and 4.5% next year.
Growth softens in the third quarter
November 15, 2010
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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.