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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