The National Bank of Ukraine (NBU) forecasts that inflation rate in Ukraine will not exceed 7% at the end of the year. NBU Governor Yakiv Smolii said this during his speech in the Verkhovna Rada. “Inflation is expected to be not more than 7% at the end of the year, namely 6.9%,” said Smolii. As…
First Deputy Prime Minister of Ukraine and Minister of Economic Development and Trade Stepan Kubiv said the growth of the country’s gross domestic product (GDP) in 2018 was estimated at more than 3%. “The beginning of 2019 is positive: estimates suggest GDP growth in 2018 exceeded 3%, inflation was less than 10%, and the average…
The number of registered unemployed people in Ukraine in the last month of 2018 increased by 40,700 MoM and amounted to 341,700, the State Statistics Service has reported, with reference to the State Employment Service. The registered unemployment rate thus increased to 1.3% from 1.2% in November 2018. According to the service, the greatest increase…
Wizz Air will not sell tickets for Kharkiv-London flights due to the low demand for this route. Now the company’s website offers to buy tickets up to February 9. The management of the Kharkiv airport confirmed that the carrier had decided to cancel the flights. Wizz Air performed the first Kharkiv-London flight on November 13,…
In 2019, the construction of a new airport in Dnipropetrovsk region will be launched. “This year, we launch the construction of an airport in Dnipropetrovsk region at the initiative of the government. It is the first airport that will be built since Ukraine has gained the independence. We assume that this airport should be located…
The Deposit Guarantee Fund last week sold insolvent banks’ assets worth UAH 16.87 million, the fund’s press service reports. “Last week (January 8-11) the assets of 16 banks, which are in the management of the fund, were sold for UAH 16.87 million,” reads the report. In particular, UAH 8.85 million was received from repayment of…
Ukrainian sugar refineries have produced 1.69 million tons of sugar since August 30, 2018, when the current sugar production season began with the launch of a sugar refinery in Tomashpil, Vinnytsia region. “As of January 14, some 1.69 million tons of sugar had been produced and 12.46 million tons of sugar beets had been processed,”…