Ukraine’s economy grew by 4.2% this summer y-o-y, indicating that the spring growth rate of 4.6% was not a fluke. The first-quarter GDP growth was 2.5%, according to the State Statistics Service. The National Bank of Ukraine and the Economic Development Ministry recently upgraded their 2019 GDP forecasts to 3.5%. This would be triple the 1.1% forecast EU growth rate for 2019.