(c) Unian
The State Statistics Service of Ukraine, according to its own website, reported a 1.3% drop of Ukraine’s GDP in Q1 compared to the same period a year earlier.
Importantly, the forecast was somewhat worse, 1.5% in Q1.
Compared to Q4 2019, Ukrainian economy contracted by 0.7% in Q1 2020.
In January–March, nominal GDP amounted to ₴845.8 billion, or ₴20,2 thousand per capita. The percentage change in GDP deflator was 5.1%.
As reported earlier, the government assumes an up to 8% drop in Ukraine’s GDP in 2020. Earlier, the government predicted a 4% decline in the Ukrainian economy.
Electricity prices in Europe fell significantly in April Blackouts in Spain and Portugal at the…
The global steel market faced challenging conditions throughout 2024, with 2025 presenting new hurdles and…
US President Donald Trump’s address to Congress on Tuesday March 4 contained key strategic policy…
A crash involving a ship carrying a cargo of scrap on Sunday left serious damage…
In January-May 2023, steel companies of the European Union (EU) reduced the export of steel…
The Swedish steel producer SSAB in the first half of 2023 increased steel shipments by…