Unemployment in Ukraine
Ukraine - UnemploymentA comprehensive GDP release confirmed that dynamics remained resilient in the third quarter, despite the generally disappointing outturn. Booming domestic demand, led by surging household consumption amid tightening labor market conditions and rising remittances, spearheaded the expansion. However, strong domestic demand dynamics were partly offset by a marked contraction in exports due to weather-related factors and a challenging external environment. Available fourth-quarter metrics suggests momentum remained largely stable. Retail sales edged up in November, against the backdrop of higher consumer confidence and despite an uptick in inflation. On a less positive note, industrial output contracted in the same month, reflecting weakness in the all-important manufacturing sector. Meanwhile, on 21 December, Moody’s upgraded Ukraine’s sovereign credit rating from Caa1 to Caa2 with a stable outlook. The ratings agency identified the recently approved USD 3.9 billion financing agreement with the IMF as the key driver for the upgrade, while citing the country’s improved external strength, the prospect of renewed access to capital markets, and its progress with anti-corruption reforms.
Ukraine - Unemployment Data
5 years of economic forecasts for more than 30 economic indicators.
Ukraine Unemployment Chart
Source: State Statistics Committee of Ukraine (Ukrstat).
|Bond Yield||19.00||0.0 %||Jul 27|
|Exchange Rate||28.08||0.30 %||Jan 14|
|Stock Market||559||0.21 %||Jan 14|
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January 11, 2019
Consumer prices rose 0.8% month-on-month in December, marking a four-month low (November: +1.7% month-on-month).
December 26, 2018
According to data released by the Statistical Institute, industrial production fell 0.9% year-on-year in November, swinging from a 1.4% increase in October.
December 20, 2018
The economy lost pace in the third quarter, according to detailed GDP data released by the State Statistics Service of Ukraine on 20 December, with annual economic growth falling to 2.8% from 3.8% in the second quarter.
Ukraine: Central Bank holds the key policy rate stable in December; announces changes to monetary policy design
December 13, 2018
At its 13 December meeting, the National Bank of Ukraine (NBU) kept the key policy rate fixed at 18.00%, marking the third consecutive meeting where the monetary policy stance was left unchanged.
December 12, 2018
Consumer prices rose 1.4% month-on-month in November, down slightly from October’s 1.7% increase.