Archive 2012

• Monthly Economic Monitor Ukraine No.4 (138)

  11.04.2012
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  • HIGHLIGHT OF THE MONTH: Social initiatives - New social initiatives on the eve of parliament elections
  • Politics: Ukraine and the European Union initialled the text of the Association Agreement (AA), including provisions on a Deep and Comprehensive Free Trade Area.
  • Real Sector: Real GDP grew by 5.2% in 2011 due to strong domestic demand.
  • Sectoral news: Gasoline prices continued growing raising discussions on the necessity of state intervetions.
  • External sector: In February current account balance became negative, while financial account balance turned positive.
  • Fiscal policy: Central fiscal expenditures were under-executed due to attempts of the Government to accumulate funds for peak debt payments.
  • Social policy: Real disposable income grew by 6.1% in 2011.
  • Labour market: Labour market remained weak throughout 2011 being characterised by high skills mismatches.
  • Monetary policy: CPI growth decelerated further to 1.9% yoy in March.
  • Financial markets: The Government continued inventing new instruments to ensure higher borrowings.
  Issue:  №4 (138) April 2012