- The first session of newly elected Parliament has started on May 25, two months after an election in March.
- In the first four month real GDP increased by 2.7% yoy thanks to growing services and agriculture.
- The Cabinet of Ministers has approved a 50% increase in tariffs for domestic railway passenger transportation.
- Within the WTO membership negotiations framework Ukraine signed a protocol on access to markets of goods and services with Australia.
- The merchandize trade deficit reached USD 1.8 bn in the first quarter because of dropping exports and surging imports.
- In April real wages grew by 24.9% yoy
- Despite increase in tariffs on gas and electricity, the CPI growth decelerated to 7.3% yoy in May.
- Small banks are struggling to meet capital requirements.
MEMU SUPPLEMENT: "Public utilities tariffs rise: first response to new challenges"
