Monday, 12 August 2013

Experts downgrade forecast of Ukraine’s GDP growth in 2014, says ministry » Interfax News Wire

Experts downgrade forecast of Ukraine’s GDP growth in 2014, says ministry » Interfax News Wire :: Russia, Ukraine, Kazakhstan and Central Asia:

"Experts in August downgraded the forecast for growth of Ukraine’s real GDP in 2014 by one percentage notch compared to April’s forecasts, to 2.3%, reads a posting on the Web site of the Economic Development and Trade Ministry of Ukraine under the aegis of which their consensus forecast was drawn up.

“The consensus assessment of the pace of growth of real GDP in 2014 is 2.3%… The average growth of consumer prices (December on December) is predicted at 5.5% (varies from 3.4% to 9.3%), that for industrial prices – 7.7% (varies from 4.1% to 12%) compared to the expected growth in consumer prices of 3.8% and industrial prices of 6.7%,” reads the report.

According to the report, the consensus forecast for Ukraine’s economic growth in 2015-2016 on average is anticipated at 4.3%, while the variation in the smallest and biggest figure is 2.5 percentage notches, from 3% to 5.5%."

'via Blog this'

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