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                        FRIDAY, AUGUST 19, 2022
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Oxford Economics downgrades Ukraines economic growth to grow 4% in 2021
Journal Staff Report

KYIV, Aug 27 - Oxford Economics has downgraded the forecast for Ukraine's GDP growth in 2021 to 4% from 4.4% in the July forecast, and the risks of further lockdowns and expectations of tightening fiscal and monetary policy led to a deterioration in the forecast for economic growth in 2022 from 4.2% to 3.5%.

The disappointing Q2 data prompted us to cut our 2021 GDP growth forecast to 4% from 4.4% last month. And with Ukraine's vaccination rate being one of the lowest in Europe, the COVID-19 infection rate may rise sharply again, according to the forecast of Oxford Economics for August.




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Currencies (in hryvnias)
  19.08.2022 prev
USD 36.57 36.57
RUR 0.631 0.631
EUR 37.27 37.27

Stock Market
  18.08.2022 prev
PFTS 519.2 519.2
source: PFTS

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