Categories: economy

Ukraine’s economy is very slowly recovering

Previous 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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