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…
In 2018, UAH 729.4 billion of payments were transferred to the general fund of the state budget, up by 15.2% YoY. The government’s press service posted this on its Facebook page. This amount includes UAH 390.6 billion of tax payments and UAH 338.8 billion of customs payments. Thus, the state received important financial resources to…
President Petro Poroshenko has said that Ukraine’s economic growth in 2019 is expected to reach about 3.4% of GDP, which is the highest in eight years. “We hope that this year economic growth will be within 3.4% – this is a record figure in 8 years. But it’s only the beginning of implementation and results…
The World Bank has predicted a decline in real GDP of Ukraine, from 3.5% in 2018 to 2.9% in 2019, which is fundamentally different from the IMF forecasts for Ukraine after the launch of the new Stand-By Arrangement. The World Bank published the relevant data in the report Global Economic Prospects on its official website.…
According to information released by Statistics Estonia, in November 2018, the exports of goods increased by 18% and imports by 15% YoY. The trade deficit was EUR 56 million, dropping under EUR 60 million for the first time since January 2015. In November 2018, the top destination countries of Estonia’s exports were Finland (15% of…