KYIV, March 11 – The Ministry for Development of Economy, Trade and Agriculture of Ukraine estimates the drop in GDP in January at 2.6-2.8%, according to the January review of economic activity in the country posted on its website on Wednesday.

"The new restrictions during the January lockdown (from January 8 to January 24 inclusive) caused a certain slowdown in the production activity of most economic entities, increasing the pessimistic sentiments of business," the ministry said.