GDP grows 4.6% in 2Q19, twice stronger than expected

UKRAINE - In Brief 14 Aug 2019 by Dmytro Boyarchuk
GDP grew 4.6% y/y in 2Q19, according to provisional statistics agency report. The number is twice larger than we expected for the second quarter. Sluggish industry performance (+1.5% y/y in 2Q19) was among the reasons for our modest estimate. The report on GDP was provisional and we do not have details on this surprisingly high growth. However, the result means that GDP might grew much stronger than 3% in 2019. Should it happen that we have one more year of record high grain harvest the economy increase might be even more impressive.

Now read on...

Register to sample a report

Register
Sign-in
Forgot your password?
Copyright 2024 GlobalSource Partners. All rights reserved. This is prepared for GlobalSource Partners’ clients and may not be redistributed, reproduced, stored in a retrieval system, retransmitted or disclosed, in whole or in part, or in any form or manner, without the express written consent of GlobalSource Partners. This is distributed simultaneously to our website and other portals used by GlobalSource Partners. The information herein was obtained from various sources and is believed to be reliable but GlobalSource Partners does not warrant its completeness or accuracy. Neither GlobalSource Partners nor any Country Analyst, officer or employee accepts any liability whatsoever for any direct, indirect or consequential damages or losses rising from any use of this or its contents.