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GISMETEO.RU
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NBU lowers Ukraine economic growth forecast in Q2 to 1.5% on year
Journal Staff Report

KIEV, July 14 - The National Bank of Ukraine (NBU) has worsened the estimate of Ukraine's real GDP growth in the second quarter of 2017 compared to the same quarter of 2016 to 1.5% from 2.4%, according to a report on conducting credit and monetary policy in the first half of 2017.

"The seizure of enterprises in the temporarily uncontrolled territories of Donbas caused a reduction in potential GDP. In addition, economic activity was affected by disruption of production ties due to a halt in trade with these areas," the National Bank said.




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