Ukraine: in 2014 the GDP to decline to 6.5%, inflation - 14%
In 2014 in Ukraine the gross domestic product (GDP) is expected to decline to the level of 6.5%, due to decreasing of both domestic and foreign (mainly from the Russian Federation) demand for domestic commodities, declared Alexander Zholud, analyst on economic affairs of the International centre for advanced studies, on May 22.
He noted that in 2014 (December to December) the inflation will be the record one for 4 recent years – 14%.
Also, A.Zholud informed that in 2014 the gross value added in agriculture will reduce by 5% (year-on-year), due to the expected decrease of grain harvest. According to him, there is a great risk of reducing the index, due to lower domestic demand and rising costs (primarily for fuel).
You should be authorized to post comment
Ukraine: Nikolaev Sea Trade Port increased grain transshipment by 20%, oils - up 56%
Polish President signed a bill on the ratification of the EU-Ukraine Association Agreement
As of December 1, Ukraine exported 15.19 mln tonnes of grains - Ministry of Economic Development
Ukraine increased winter crops planted areas by 7.3% – State Statistics Service
Ukraine: as of December 1, sunflower seed stocks totaled 6.1 mln tonnes – State Statistics Service
December 16, 15:20
Ukraine: as of December 1, grain stocks totaled 30.9 mln tonnes – State Statistics Service
December 16, 13:10
Ukraine: selling prices of agricultural commodities grew by 21.3% - State Statistics Service
December 16, 12:10
Ukraine exported over 17 mln tonnes of grains – Ministry of Agrarian Policy
December 16, 10:20
Ukraine: in January-November the sea ports increased grain cargoes shipment
December 16, 09:30