Third quarter GDP growth slowed to 3.1% in annual terms, down from 3.8% in the second quarter

Monday, November 5, 2018
Third quarter GDP growth slowed to 3.1% in annual terms, down from 3.8% in the second quarter

Third quarter GDP growth slowed to 3.1% in annual terms, down from 3.8% in the second quarter, reports the National Bank of Ukraine. Low grain prices and rail freight bottlenecks pulled down growth. On the upside, remittances from workers abroad are coming in at almost $1 billion a month, about 20% higher than last year’s levels. The central bank forecasts Ukraine will end this year with GDP growth at 3.4% and inflation at 10.1%.

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post
With Ryanair starting flights from Lviv to London-Stansted today, Lviv airport is on track to handle 35% more passengers than last year

With Ryanair starting flights from Lviv to London-Stansted today, Lviv airport is on track to handle 35% more passengers than last year

Next post
China-Ukraine trade is up by 21% through August,

China-Ukraine trade is up by 21% through August,

Previous Main Topics