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GISMETEO.RU
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Ukraine’s economy likely contracted 6% on year in September: ICU
Journal Staff Report

KYIV, Oct 26 - ICU Investment Group estimates the drop in the gross domestic product (GDP) of Ukraine in September 2020 at 6% compared to the same period in 2019, and in July-September at 5%, the head of the department of macroeconomic research of the group, Serhiy Nikolaichuk, has said.

"We estimate the fall in GDP in September at about 6% year-over-year after less than 5% in June-July. Accordingly, the decline in GDP in the third quarter of 2020 slowed down to about 5% compared with 11.4% in the second quarter of 2020 and from 6% in our September forecast," he wrote on Facebook.




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