In October consumer prices in Ukraine grew by 0.7% MoM, according to the State Statistics Service of Ukraine. “Inflation on the consumer market totaled 0.7% in October against September and 4.2% since the beginning of the year. Core inflation amounted to 0.7% in October against September and 4.1% since the beginning of the year,” reads…
The stress test of the largest Ukrainian banks, held by the National Bank of Ukraine (NBU), has estimated the additional need of financial institutions for capital from UAH 35.2 billion ($1.4 billion) in the basic scenario to UAH 73.8 billion ($3 billion) in crisis. In the baseline scenario, the need for additional capitalization has been…
In January-October revenues from tourism fees grew almost 3-fold in Donetsk region compared with the relevant period last year, to UAH 2.3 million, the Main Department of the State Fiscal Service in Donetsk region reported. The department noted that the largest shares of revenues from tourism fees were transferred to the local budgets of resort…
The Ministry of Economic Development, Trade and Agriculture has predicted that inflation will be at the level of 5.5% in Ukraine in 2020, Minister of Economic Development Tymofiy Mylovanov wrote on Facebook. “According to the ministry’s baseline forecast (scenario one), inflation forecast (consumer price index) for the next 3 years will be the following: 5.5%…
Ryanair will start to operate flights from Kharkiv to Budapest on January 16, 2020. As the Center for Transport Strategies reports with reference to Kharkiv International Airport, the flights will be operated every Thursday and Sunday, and the flight time will be 2:10. One-way ticket price starts from EUR 17.17 (UAH 468) without checked baggage.…
The Ministry of Economic Development, Trade and Agriculture has projected in its macroeconomic forecast that the average salary in Ukraine will grow to UAH 12,500 in 2020, Minister of Economic Development, Trade and Agriculture Tymofiy Mylovanov wrote on Facebook. “According to the macroeconomic forecast of the Economic Development Ministry, such average salaries are projected for…
The Turkish company MNG will build a 5 MW solar power plant in Zhytomyr region, the press service of Zhytomyr Regional State Administration reports. “Chairman of Zhytomyr Regional State Administration Vitaliy Bunechko has signed a memorandum of cooperation with the Turkish company MNG on the construction of a solar power plant with a capacity of…