In July, current account balance resulted with negative numbers. Depressed export and seasonal import growth caused CA deficit last month. Falling metallurgy and agriculture sales ...

Ukraine databank...

Industry Mitigates Growth. In July, industry continued declining growth trend. Last month the industrial output resulted only with 6.4% YoY after 8.9% YoY a month ago. Money Supply ...

After a year of deep recession, the banking sector has finally begun to slowly revive. But the system still faces serious problems, mostly due to the newly-nationalized banks. Although ...

On July 28, the International Monetary Fund finally approved new stand-by program with Ukraine. The decision was quite predictable since promptly after staff-level agreement on July ...

In June, both current and financial accounts remained positive. Current account balance equaled to $195 million. Major inflow was observed in services. In particular, revenues from ...

In June, retail trade continued growing even more rapidly – it increased by 2.5% in year terms and 4% in monthly terms after only 1.1% and 1.7%, respectively, a month ago. Deflation ...

During June, industry growth dynamics continued to decelerate. Annual growth rate decreased from 12.7% in May to only 8.9% in June. Worsening world metals market was the key reason ...

Upon signing the Kharkov agreements that approved a new spending plan, President Viktor Yanukovich’s team promptly began developing strategic plans for fundamental economic reform....

Prices on the consumers market continued the downward trend. In June CPI decreased by 0.4% MoM. Again, the deflating foodstuff prices remained the main contributor to this dynamics....

In May, monetary aggregates grew drastically: monetary base expanded by 8% MoM and money supply – by 2.3% MoM. Deposits inflow (+1.7% MoM) and the National bank interventions on the ...

In May current account surplus slightly improved up to $263 million. Strengthened goods balance was the main driver of this trend. In particular, merchandise exports went up by 43....

In May, for the first time since the year began, retail trade demonstrated positive dynamics +1.1% YoY. As we expected, resumed corporate crediting, obviously, was the key reason for ...

Industrial growth somewhat decelerated from 17.4% YoY in the previous month down to 12.7% YoY in May. In addition, industry monthly dynamics also worsened (-2.4% MoM)....

The new president has so far been successful in waging a political blitzkrieg against his opponents. However, the cost of restoring Russian-style top-down control has been high: it ...

The upcoming issue of UAH 20 bln in VAT bonds raised interest from investors, whose optimism grounds on 2004 case, when VAT bonds were sold by exporters at 15-30% discount and secured ...

New management of the state, re-energized relations with Russia and a revised gas price agreement have created a new development trajectory for Ukraine. Long-faded domestic demand ...

Through the month banks were overflowed by excess liquidity. High positive Central bank interventions on the forex market (about $1.1 billion) and considerable deposits inflow (+2....

In May consumer prices continued decreasing – by 0.6% MoM. Foodstuff prices deflated by 1.4% MoM and, thus, contributed the most to the CPI decline. Prices on dairy products and eggs ...

In April current account balance equaled to $234 million due to increased surplus on services (up to $452 million). The National bank reported that service item “Trips” was the major ...

During the month, industry growth accelerated by 3 percentage points up to 17.4% YoY. Machinery still remains the key driver. In April it went up by 33.9% YoY due to improved external ...

In April retail trade turnover dynamics remained almost unchanged – -2.7% YoY, what is only slightly better March result (-3.1% YoY). Monthly dynamics also was rather poor (+1.2% ...