With the record harvest pushed through the economy, Ukraine’s real GDP growth slowed to 2.4% in Q1 2019, compared to 3.5% in Q4 2018. Metals, the largest export after agriculture and labor, was ‘close to zero’ due to planned repairs at major mines and steelmakers, reported the National Bank of Ukraine. Retail, travel, and construction were up, fueled partly by labor remittances. The central bank predicts the economy will grow by 2.5% this year, down from 3.3% last year.
With the record harvest pushed through the economy, Ukraine’s real GDP growth slowed to 2.4% in Q1 2019
