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GISMETEO.RU
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Business    

Ukraine's economy, led by construction, grows 1.5% on year in January
Journal Staff Report

KYIV, Feb 17 - Ukraine's Gross Domestic Product (GDP) grew by 1.5% in January, driven by the construction sector, manufacturing industry, and domestic trade, according to the Ministry of Economy's website.

"The slowdown in economic growth in January was due to decreased activity among exporters. However, high budgetary funding offset the temporary decline in export volumes. Key growth factors included the restoration of damaged critical infrastructure, major reconstruction efforts, road repairs at hazardous sections, and housing construction," the ministry quoted First Deputy Minister of Economy Serhiy Sobolev as saying.




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