Ukraine’s economy plunged 11.14% yoy during the second quarter, the April-June period that coincided with the strictest coronavirus controls. This calculation by the

Ukraine’s economy plunged 11.14% yoy during the second quarter, the April-June period that coincided with the strictest coronavirus controls. This calculation by the State Statistics Service matches preliminary forecasts of an 11% drop made last month by the Economy Ministry and the National Bank of Ukraine. For the entire year, the Ministry predicts the fall will be 4.8%. During the first quarter, affected only slightly by the corona curbs, Ukraine’s economy shrank 1.3% yoy.