18.01.2019
Ukraine’s economy was clearly experiencing a healthy recovery in 2018. GDP sped up to +3.2% y/y, from +2.5% y/y in 2017.
Inflation slowed to +9.8% ytd from +13.7%. The hryvnia remained largely stable, losing a negligible 2.2% on average through the year, and even strengthening in the last days of December to UAH 27.70/dollar, vs. UAH 28.10 in December 2017, on the back of the IMF deal. The budget was successfully balanced, with the deficit within the initially targeted limits, according to a MinFin report. More about economic perspectives, please, read at our last quarterly report “A Sustainable Recovery That Elections Could Upend”. The full report could be obtained through subscription at Global Source (www.globalsourcepartners.com). Trial access is available.