KYIV, Oct 30 – Ukraine’s economy probably contracted 6.2% on the year in the third quarter, an improvement from an earlier forecast of 7.4% contraction, as more businesses picked up speed of recovery, the National Bank of Ukraine said.

The improvement of the assessment was influenced by the recovery of economic activity, which became possible due to the cancellation of strict quarantine restrictions from the end of May and the introduction of adaptive quarantine.