KYIV, Sept 6 – Fitch has said that after a strong Q2 2019 (4.6% year-over-year), Fitch projects 3.4% growth in 2019, reflecting strong domestic demand and exports driven by the agriculture sector (wheat harvest).
"Growth will moderate slightly (3.2%) in 2020 due to reduced consumer impulse, normalization of the agricultural sector performance and some spill-overs from reduced gas transport volumes," Fitch said in a report on upgrading Ukraine's long-term foreign- and local-currency issuer default ratings (IDR) to 'B' from 'B-'.
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