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GISMETEO.RU
UJ Week
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Business    

Analysts worsen economic forecasts to show 11.3% 2009 GDP drop
Journal Staff Report

KIEV, May 22 – Ukrainian experts in May have worsened their forecast for the fall of Ukraine's real GDP in 2009 to 11.3%.

"In March we predicted a 9% fall in real GDP, in April we reviewed the forecast down to 10.2%, and in May changed it to 11.3%," says the monthly consensus forecast made by 16 finance and research organizations presented at a round table meeting organized by the Expert magazine.

The experts downgraded their April forecast for the fall in real consumption in 2009 from 11.9% to 13.4%, the fall in real investments from 20% to 21%.




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