KYIV, May 12 – The drop in gross domestic product (GDP) of Ukraine in Q1, 2020 amounted to 1.2%, the Economic Development, Trade and Agriculture Ministry of Ukraine has said. The original forecast was 0.9% contraction.

"As expected, the economic decline deepened, according to the results of March," the ministry said, recalling that it forecasted a 0.2% drop at the end of the first two months of the year.

The reduction in the consolidated production index in Q1 is 3.8%, compared to 1.8% according to the results of the two months.