75597
Ukraine Q3 Growth Slows
Ukraine Q3 Growth Slows

Ukraine Q3 Growth Slows

Ukraine Q3 Growth Slows

The National Bank of Ukraine estimates GDP growth in the third quarter of 2017 at 2%, according to the NBU’s inflation report for October, Unian.info reported. The NBU said economic growth in Q3 slowed after a 2.3% increase in the second quarter. In 2017, economic growth is projected at 2.2%, in-line with last year’s growth rate, it said. “The upward revision was prompted by stronger performance across most industries, a pick-up in private consumption amid higher real wage growth, and strong corporate investment activity. An output decline in some industrial sectors owing to limited access to the goods produced by companies located in the non-government controlled areas has restrained economic growth this year. Net exports will make a notable negative contribution to the change in real GDP this year given the need to import more energy resources, like coal,” the NBU said. Real GDP growth is projected to accelerate to 3.2% in 2018 and 3.5% in 2019.

 

Short URL : https://goo.gl/GV2tQb
  1. https://goo.gl/nHLKYe
  • https://goo.gl/CyZQaK
  • https://goo.gl/772Vim
  • https://goo.gl/b4Jhdw
  • https://goo.gl/YPKJKS

You can also read ...

Dow futures dropped more than 100 points in early trading, as traders returned from the long holiday  weekend to face fresh selling pressure for US stocks.
A six-day rebound in world stocks began to splutter on Tuesday...
ADB Forecasts India Growth at 7.3 Percent
The Asian Development Bank expects India’s growth to pick up...
Chinese ironworks are increasingly  using Australian ore, which has  a high iron content.
Global stock markets are down from their recent peaks and...
London-based Capital Economics expects the German economy to expand by 2.7% this year. This would be above the government’s  more conservative forecast of 2.4%.
The German economy is expected to improve in the next six...
Indonesia Criticizes Trump’s Protectionist Policies
Indonesia is foregoing billions of dollars on offer from...
Ghana Told to Cut High Agro Imports
The World Bank country director for Ghana, Henry Kerali, has...
Goldman Raises Red Flag Over US Gov’t Spending
US fiscal policy is headed for “uncharted territory.” That’s...
Venezuela’s Digital Currency Makes Debut
Venezuela has begun the process of introducing a new digital...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus