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S The real gross domestic product (GDP) of Ukraine in April-July grew by 1.6% compared with the previous quarter and by 4.6% — in annual terms. These timely data were advertised on August 14 by the Municipal Statistics Work (Gosstat).
In the main quarter , the rate of GDP growth was lower — 2.5%.
In July , the State Bank increased monitoring of the rise in real GDP of Ukraine in 2019 from 2.5% to 3%, in 2020 — from 2.9% to 3.2%, for 2021 monitoring remained constant — 3.7% lifting . The stabilizer expects the economy to stagnate at the level of 6.3% at the end of this year and, accordingly , 5% in 2020 and 2021.
In another quarter , GDP grew by 1.6% compared to the previous
The reasons for the revision of the forecast in the National Bank called a good harvest, strong domestic demand, as well as a favorable environment in foreign markets, such as cheap gas and high prices for ore and grain.
- According to the updated consensus forecast of the Ministry of Economic Development, GDP growth in 2019 will slow down to 2.7%.
- The International Monetary Fund also predicts that Ukraine’s GDP will grow by 2.7%.
