HIGHLIGHT of the month: Year 2011 - THE YEAR IN REVIEW
Politics: Negotiations on the Association Agreement between Ukraine and the EU were completed.
Real Sector: Real industrial output growth continued decelerating in November.
Sectoral news: The grain harvest is estimated to increase by 48% as compared to 2010.
External sector: Current account deficit approaches pre-crisis levels.
Fiscal policy: The State Budget Law for 2012 is approved on the basis of current gas prices.
Social policy: Real disposable income growth accelerated to 10.3% yoy in the third quarter.
Labour market: Labour market remained weak in 2011.
Monetary policy: CPI growth reached only 4.6% yoy in December.
Financial markets: The placement of USD-denominated state bonds allowed the Government to finance deficit.
