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Ukraine’s economy is very slowly recovering

Экономика Украины очень медленно восстанавливаетсяPrevious estimates of the economic recovery and slowing inflation was more optimistic.

The growth of Ukraine’s GDP in 2017 is expected at 2.4% with an inflation rate of 11%. This forecast was announced by the Ministry of economic development and trade.

According to him, the Agency expects next year’s increase in GDP by 3.1% with an inflation rate of 8%.

The Ministry indicates that in the previous consensus forecast from August 2016 evaluation of the economic recovery and slowing inflation was more optimistic: experts expect in 2017, the GDP growth by 2.9% when inflation is 9%, and in 2018 it accelerated to 3.6%, with inflation slowing to 6%.

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