KIEV, Dec. 30 – Ukraine's gross domestic product, after declining by 1% this year, will resume its slow growth, and rise by 1.5% in 2014, Moody's Investors Service said.

According to the service's estimates, which were released recently in the credit analysis of the Ukrainian government, such economic growth will be accompanied by a slight acceleration of inflation, from 0.8% this year to 2.3% (December to December), and a slight weakening of the hryvnia from UAH 8.3/$1 at the end of this year to UAH 8.5/$1 at the end of 2014.

Moody's suggested that in dollar terms Ukraine's nominal GDP next year will drop to $166.6 billion, compared with $171.8 billion in 2013, $176.3 billion in 2012 and a peak of $180 billion in 2008.