According to the preliminary estimate of the Derzhkomstat, the real GDP contraction in the third quarter of 2009 decelerated to 15.9% yoy.
HIGHLIGHT OF THE MONTH: Twelve months of banking crisis
The MEMU contains a monthly review and brief analysis of the key economic policy measures and data that come public during the previous month. The MEMU supplement presents extended analysis of one key event in the Ukrainian economy. There are 12 issues per year disturbed among subscribers.
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According to the preliminary estimate of the Derzhkomstat, the real GDP contraction in the third quarter of 2009 decelerated to 15.9% yoy.
HIGHLIGHT OF THE MONTH: Twelve months of banking crisis
In September, industrial production in Ukraine grew by 1.9% mom, and an annual rate of decrease decelerated by 4.9 percentage points to 18.4% yoy due to falling statistical base.
HIGHLIGHT OF THE MONTH: Social standards’ increase: populism battle
Real GDP slowed its decline in the second quarter to 17.8% yoy from 20.3% yoy in the first quarter of 2009 according to the revised estimate of the Derzhkomstat
HIGHLIGHT OF THE MONTH: Draft Budget 2010: growing deficit
Industrial production contraction decelerated to 26.7% yoy thanks to noticeable acceleration in most sectors in July. High external demand for metals raising output in metallurgy by 15.3% mom was the key driver of July manufacturing growth.
HIGHLIGHT OF THE MONTH: Hryvnia - The direction of the exchange rate movement
Industrial production contraction decelerated to 31.1% yoy in the first half of 2009 thanks to both low statistical base of the previous year and output increase compared to May.
HIGHLIGHT OF THE MONTH: Debt redemption peak - Buffaloed by a debt problem
Real GDP contracted by 20.3% yoy in the first quarter of 2009 reflecting the extremely negative influence of the global economic crisis on the Ukrainian economy.
HIGHLIGHT OF THE MONTH: Bank recapitalization - Too big to fail?
Real industrial output fell by 31.8% yoy in April, accelerating its contraction by 1.4 p.p. from March, partly explained by differences in number of working days.
HIGHLIGHT OF THE MONTH: Relations with the IMF - New terms of engagement
In March, industrial output continued rebounding from the slump, reducing contraction from February by 1.2 p.p. to 30.4% yoy thanks to improved domestic and external conditions.
HIGHLIGHT OF THE MONTH: Economic crisis: labour market situation
In February, industrial production rose by 5.4% mom though it contracted by 31.6% yoy, slowing down its contraction by 2.5 p.p. from January.
HIGHLIGHT OF THE MONTH: The EU will support Ukraine in gas transport system modernization
Traditionally weak January economic activity was severely aggravated by gas supplies disruptions and contraction of domestic and external demand for Ukrainian products.
HIGHLIGHT OF THE MONTH: Does Ukraine’s economy really need import surcharge?
The Derzhkomstat preliminarily estimated real GDP to grow by only 2.1% in 2008 as economic activity shrank in the last quarter of the year.
HIGHLIGHT OF THE MONTH: Gas crisis - Transition to the long-term contracts
November real GDP declined sharply by 14.4% yoy bringing real GDP growth for eleven months of 2008 down to 3.6% yoy.
HIGHLIGHT OF THE MONTH: A budget is highly in deficit