KYIV, Nov 19 – The growth rate of gross domestic product (GDP) of Ukraine in October slowed to 1.1% against 4% in September and 4.4% in August 2024, which is due to the pace of harvesting, according to the Monthly Economic Monitoring of the Institute for Economic Research and Policy Consulting (IER).

"As in the previous three months, the change in dynamics is primarily due to different rates of harvesting compared to last year. At the same time, in October, according to our estimates, the pace of recovery in the mining and processing industry slowed somewhat, which is primarily due to Russian shelling of enterprises in Dnipropetrovsk region and Russian advancement in Donetsk region," the IER said.