Ukraine's GDP grew by 3.1% y/y in January-March 2018, the State Statistics Service of Ukraine reported on May 15. The country's economy grew by 0.9% compared with the previous quarter.
The World Bank previously left unchanged its forecast for the growth of Ukraine's GPD in 2018 and 2019 at the level of 3.5% and 4% respectively, but that is assuming Kyiv continues to implement reforms recommended by the country’s donors. If they are not implemented, economic growth may slow to 2% the development bank said in a report.
The IMF retained the forecast for GDP growth in Ukraine in 2018 at 3.2%, while at the same time worsened it for 2019 to 3.3% from 4%.
The country’s central bank, the NBU, predicts an acceleration of GDP growth in 2018 to 3.4% from 2.5% in 2017, followed by a slowdown in 2019-2020 to 2.9%.
The European Bank for Reconstruction and Development (EBRD) left unchanged its forecast for the growth of the Ukrainian economy in 2018 at 3%, and expects the growth rate would be maintained in 2019.
Russian statistics agency Rosstat has revised the flash estimate of GDP growth in 3Q18 from previous 1.3% y/y to 1.5% y/y. The GDP breakdown by industry showed that the financial sector, trade, transportation, and extraction are driving growth
The National Bank of Ukraine (NBU) has kept its key policy rate at 18% following its increase by 0.5 percentage points (pp), from September 7, the regulator said in a statement on December 13.
Recent studies show that online shopping has become a habit, and internet penetration is high, even among the older population.
The Tretyakov Gallery, a leading Moscow museum that exhibits more than 190,000 works by modern and contemporary Russian artists, has decided to use blockchain to attract private capital for the digitization of its collection, reports East-West Digita
Slovakia´s industrial output increased by 1.2% in October year-on-year, the Slovak Statistics Office reported on December 11. The growth was due to a growth in manufacturing, a drop in energy supplies and in mining and quarrying.