GDP increases by 1.8% y/y in Q3/2016

GDP increases by 1.8% y/y in Q3/2016

In q/q terms GDP rose by 0.4% in Q3

The statistics was published according to preliminary estimates by State Statistics Committee. To remind, GDP hiked by 1.3% y/y in Q2 according to the verified data by State Statistics Committee. At this, GDP made 0.1% y/y in Q1 of 2016. The EBRD projects Ukrainian GDP to make 1.5% in 2016, while for 2017 the GDP of Ukraine is expected to grow by 2%, according to the EBRD. At this, the IMF expects Ukraine’s GDP to increase by 1.5% in 2016, at 13.5% annual inflation. The IMF expects GDP to make 2.5% in 2017 at 8.5% inflation rate.

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