Archive 2013

• Monthly Economic Monitor Ukraine No.1 (147)

  16.01.2013
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  • Highlight: Year 2012 - THE YEAR IN REVIEW
  • Politics: The President appointed new Government headed by Mykola Azarov.
  • Real Sector: Real GPD declined by 1.3% yoy in the third quarter of 2012.
  • Energy sector: The Naftogaz attracted loan to improve reliability of national gas transportation system.
  • Agriculture: State aid to agriculture will remain low and inefficient in 2013.
  • External sector: Current account deficit narrowed to USD 0.8 bn in November, while financial account turned to surplus.
  • Fiscal policy: Targets of fiscal revenues and expenditures were under-executed in 2012.
  • Social policy: In the third quarter of 2012 real disposable income increased by 13.5% yoy.
  • Labour market: Unemployment rate declined only to 6.6% in the third quarter of 2012.
  • Monetary policy: In December 2012 core inflation slowed to 0.8% yoy.
  • Financial markets: UAH/USD exchange rate returned below UAH 8.10 per USD mark in the end of year.
  Issue:  No.1 (147) January 2013