Macroeconomic Review, December 2017 03.01.2018

uk aid

  • Real GDP increased 2.1% in the 3Q’2017, compared with the 3Q’2016;
  • In November construction, retail trade and transport growth continued slowing. Industrial production decline diminished to marginal (0.1% as of Jan-Nov). Agriculture contraction deepened to 2.8%
  • On Dec 14 NBU raised discount rate from 13.5% to 14.5% due to high inflation. Next NBU meeting will be on Jan 25

More details are to be found in the full review:

Macroeconomic Review 201712


The “Good Financial Governance” Project is realized on behalf of German and UK Governments by the federal enterprise Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH.

As a federal enterprise, GIZ supports  the German Government in achieving its objectives in the field of international cooperation for sustainable development. Germany’s international cooperation with Ukraine focuses on sustainable economic development, energy, democracy, civil society, public administration and decentralization as well as on the HIV and AIDS prevention, and helps to foster its crisis response capacity.