- Highlight: Exchange rate - MONETARY POLICY, EXCHANGE RATE AND ELECTIONS
- Politics: The EU and Ukraine defined political and economic priorities for the bilateral relations.
- Real Sector: Industrial output in April remained at the level of April 2011.
- Sectoral news: Multinational companies Shell and Chevron were announced as winners of the tender for the development of two deposits of shale gas.
- External sector: Current account deficit widened to USD 0.6 bn in April, financial and capital account surplus reached USD 1.1 bn.
- Fiscal policy: Economic slowdown might put under the risk the execution of major fiscal parameters.
- Social policy: The coverage by housing and utility subsidies declined in April.
- Labour market: Wage growth continued accelerating in April likely due to higher minimum wages and larger companies’ sales.
- Monetary policy: CPI declined in April by 0.5% yoy for the first time since 2002.
- Financial markets: The Government continued attracting substantial borrowings on the domestic market.