Pushed by early harvests and infrastructure spending, Ukraine’s economy grew by 3.5% in the second quarter
Wednesday, July 25, 2018

Pushed by early harvests and infrastructure spending, Ukraine’s economy grew by 3.5% in the second quarter

Pushed by early harvests and infrastructure spending, Ukraine’s economy grew by 3.5% in the second quarter, Dragon Capital calculates. With an early start to harvesting season, farm production was up 11.4% during the first half. Infrastructure spending was up 7.4% during the first half. Dragon writes: “We estimate real GDP rose by 3.5% y-o-y in 2Q18…Overall, we see the latest real sector data as being consistent with our full-year real GDP growth forecast of 3.5%.” Last year, Ukraine’s economy grew by 2.5%.

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