Ukraine’s economy is steadily recovering now. During H1, GDP grew 2.4% y/y, twice as fast as forecast. Local investments grew 22.2% y/y, and private consumption grew 4.7%, driving growth, despite the continuing decline in industrial output, and contraction in farm production. We expect a 2% y/y GDP increase by yearend, and acceleration to 3% y/y in 2018. More about economic perspectives, please, read at our last quarterly report “Economic Recovery: Steady As She Goes”.
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