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  • Monthly Economic Monitor Ukraine No.1 (135)

    11.01.2012

    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.

    Issue:  1 (135) January 2011
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