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Archive 2009

  • Monthly Economic Monitor Ukraine No.2 (100)

    09.02.2009
    Free
    • Tensions between the President and the Prime Minister have intensified amid the economic crisis.
    • Real GDP growth slowed to 2.1% yoy in 2008 as industrial output dropped by 3.1% yoy.
    • Gas supply was restored on January 21 after long-term gas supply and transit deals between Gazprom and Naftogaz were signed.
    • The NBU estimated current account deficit at record USD 11.9 bn or 6.7% of GDP for 2008.
    • The central fiscal deficit reached 1.3% of GDP in 2008.
    • Real wages declined by 2.3% yoy in December.
    • Consumer price inflation remained at 22.3% yoy in January 2009.
    • Inter-bank exchange rate remained relatively stable in UAH/USD 7.7-8.1 range in the second half of January.
    • HIGHLIGHT OF THE MONTH: Gas crisis - Transition to the long-term contracts
    Issue:  No.2 (10) 0February 2009
    Attached file  (120.9 kb)
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