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Ukrainian economy shows only 1.5% increase in Q4

This is the lowest increase since early 2016.

Ukraine’s GDP in October-December 2019 grew by 1.5% compared with the same period of the past year.

This is the lowest increase since early 2016, according to the website of the State Statistics Service.

Compared with July-September 2019, GDP increased by 0.1%, taking into account the seasonal factor.

GDP grew by 4.1% in July-September, by 4.6% in April-June and by 2.5% in January-March 2019.

The yearly statistics is not yet available but the National Bank of Ukraine and the Economy Ministry expect the economy to have grown by 3.3%.

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