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GISMETEO.RU
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Business    

Citigroup cites decreased risks in improving Ukraine economic outlook
Journal Staff Report

KIEV, May 25 – The decrease in key domestic economic risks in Ukraine amid positive macroeconomic statistical performance makes it possible to improve the forecast of the country's economic growth in 2010 to 4%, up from the previously forecasted 3%, according to Citigroup's analytical review of Central and East European countries.

According to Citigroup's analysts, the reduced pace of inflation January through March together with deflation in April are conducive to an increase in households' real incomes, which creates prerequisites for the growth of consumption in the second quarter of 2010.




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