Ukraine’s economy rebounded in the third quarter, increasing by 8.5% compared to the disastrous second quarter,

Tuesday, November 17, 2020
Ukraine’s economy rebounded in the third quarter, increasing by 8.5% compared to the disastrous second quarter,

Ukraine’s economy rebounded in the third quarter, increasing by 8.5% compared to the disastrous second quarter, reports the State Statistics Service. In the second quarter, the economy plunged 11.4%, compared to the same period in 2019. But in July-August-September, the economy was down only 3.5% compared to the same period in 2019. Illustrating the vagaries of forecasts, the National Bank of Ukraine predicted last month that the economy was down by 6.2% in the third quarter.

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