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 planted spring grains and pulses throughout nearly 7 mln ha - Ministry of Agrarian Policy
May 26, 18:10
In 2016, capital investments in the Ukrainian agro-industrial complex increased - Ministry of Agrarian Policy
May 26, 17:45
Ukrainian Sea Ports Authority and China Harbour Engineering Company LTD signed a contract for dredging works in the port Yuzhny
May 26, 14:30
In May, the Ukrainian seaports shipped over 16 mln tonnes of grains - Ukrainian Sea Ports Authority
May 26, 12:50
Grain&Maritime Days 2017 started working in Odessa
May 25, 14:30