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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)
  23.09.2021 prev
USD 26.67 26.71
RUR 0.366 0.365
EUR 31.29 31.36

Stock Market
  22.09.2021 prev
PFTS 526.5 526.5
source: PFTS

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