KYIV, March 20 – Ukraine's real gross domestic product (GDP) grew by just 0.5% in February 2025 compared to February 2024, down from the 1.3% growth recorded in January, according to the Monthly Economic Monitoring report by the Institute for Economic Research and Policy Consulting (IER).

"The slowdown was caused by a decline in several industries due to Russian attacks and increased business uncertainty, which offset the recovery seen in other sectors of the economy. In January, GDP growth was recorded at 1.3%, based on updated data and a slightly refined calculation methodology," the institute explained.