Archive 2008

  • Monthly Economic Monitor Ukraine No.11 (97)

    • Ukraine was granted an IMF stand-by loan to cope with the crisis.
    • Between January and September real GDP growth slowed to 6.9% yoy as manufacturing and agriculture decelerated.
    • Despite a large harvest, low prices and tight credit endanger financial conditions of agricultural producers.
    • Current account deficit is estimated at USD 8.4 bn or 5.8% of GDP in the first three quarters of 2008.
    • Consumer price inflation slowed to 23.2% yoy in October.
    • Exchange rate suffered from extreme volatility with the peak at 7.05 UAH/USD on October 29.
    • Measures have been taken to stabilise the situation in the banking sector.

    MEMU SUPPLEMENT: "Global financial crisis: impact on the real sector in Ukraine"

    Issue:  No.11 (97) November 2008
    Research spheres:  Macroeconomics
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