Ukraine’s economy has grown for six months – Ministry

Gross domestic product (GDP) of Ukraine in the first half of 2017 increased by 2.5%. It is about going in Analytics, prepared by the Ministry of economic development (MEDT) of Ukraine.

“In General, in January-June 2017 GDP growth is estimated by the Ministry of economic development roughly at 2.5%,” – noted in the Ministry of economic development.

The Department expects to further reduce GDP growth.

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We will remind, earlier the national Bank of Ukraine (NBU) has revised its forecast of real GDP growth of Ukraine in 2017, reducing it to 1.6%. At the same time. NBU forecasts for 2018 almost coincide with forecasts of the world Bank – the regulator expects a 3.5% growth of the Ukrainian economy.

As reported, Ukraine’s GDP growth in the first quarter of 2017 compared to the same period in 2016 slowed to 2.4% compared to 4.8% in the fourth quarter of 2016. The Ukrainian government has built a budget-2017 forecast GDP growth of 3% with an inflation rate of 8.1%.