- Tensions between the President and the Prime Minister continued to grow.
- Between January and April real GDP increased by 6.2% yoy backed by strong private consumption, while investments slowed.
- Gas prices for industrial consumers are going up.
- The Government cancelled grain export quotas.
- In the first quarter merchandise trade deficit reached USD 5.0 bn.
- In April the central fiscal deficit reached 1.0% of GDP as expenditures execution continued to improve.
- The Constitutional Court ruled to restore social benefits.
- Consumer price inflation accelerated to 31.1% yoy in May.
- The NBU revised hryvnia official exchange rate against US dollar upwards by 4%.
MEMU SUPPLEMENT: "The last days of fixed exchange rate"
