January economic numbers were surprisingly positive.
Industrial output expanded +5.6% y/y, up from +4.6% y/y in December. The CAD narrowed to a modest $26 million, driven by a 41% y/y surge in exports. The currency stabilized at UAH 27/dollar. In short, the economy is showing strong signs of a recovery. Yet all this positive news is darkened by developments in the political arena.
More about recent tendencies you can read in our new report “Economy Rebounds, As Political Tension Mounts”. The full report could be obtained through subscription at Global Source (www.globalsourcepartners.com).
Trial access is available.