Registering the strongest quarterly growth in almost a decade, Ukraine’s economy was up by 4.6% y-o-y in the April-June period of this year

Registering the strongest quarterly growth in almost a decade, Ukraine’s economy was up by 4.6% y-o-y in the April-June period of this year, reports the State Statistics Service. Although Ukraine’s economy has been growing for the last 14 quarters, the Q2 growth is the highest since the start of 2011. The growth spurt was fed by several factors: record grain exports, a jump in iron ore prices and a surge in consumer confidence and retail spending following the 73% April 21 presidential vote for Volodymyr Zelenskiy. First-quarter growth was 2.5%.