Resume:
• Starting in February, we compare the performance indicators of different sectors with the period
of the full-fledged war: the effect of the statistical base becomes essential in the analysis.
• According to the IER estimate, the drop in real GDP decelerated in February to 26.7% yoy due
to the improvement of the situation in different sectors of the economy and the statistical base
effect.
• Since February 12, there has been no electricity shortage, which has contributed to the
economic recovery.
• Negotiations have begun on the extension of the Grain Initiative.
• Maize took the first position in the structure of goods exports, and the second was sunflower
seeds oil.
• Negotiations have begun on a new IMF program, which, according to the Government’s
expectations, will envisage a loan of USD 15 bn to Ukraine.
• The monthly consumer price increases were below 1% for four months due to low domestic
demand and a decrease or stabilization of prices on global markets.
• NBU expenditures to maintain a fixed hryvnia exchange rate in February decreased significantly
in February, which likely reflects a reduction in the trade deficit in goods.
