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Archive 2012

  • Monthly Economic Monitor Ukraine No.6 (140)

    11.06.2012
    • 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.
    Issue:  No.6 (140) June 2012
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