Business news from Ukraine


31 May , 2018  

Ukraine’s GDP in January-March 2018 grew by 3.1% year-over-year, the State Statistics Service of Ukraine reported.
The deficit of Ukraine’s balance of foreign trade in Q1 2018 totaled $134.9 million, while in Q1 2017 the surplus was $126.1 million, the State Statistics Service reported.The Ukrainian government has approved a list of large enterprises for privatization in 2018. It includes 26 enterprises: five regional electricity supply companies, Centrenergo, Odesa Port-Side Plant, Turboatom, Zaporizhia Titanium and Magnesium Combine, United Mining-Chemical Company and Sumykhimprom.
Capital investments in Ukraine in 2017 amounted to UAH 448.462 billion (excluding the temporarily occupied territories of Crimea, Sevastopol, and Donbas).
The deficit of Ukraine’s foreign trade with goods in January-March 2018 grew 1.5-fold year-over-year, reaching $1.201 billion ($794.1 million in Q1 2017), the State Statistics Service reported.
The surplus of Ukraine’s foreign trade in services in January-March 2018 increased by 16% compared to 2016, to $1.461 billion (in January-March 2017 some $1.259 billion), the State Statistics Service has said.
The growth of consumer prices in Ukraine in April 2018 was 0.8% compared to 1.1% in March, 0.9% in February and 1.5% in January, the State Statistics Service of Ukraine has said.
Prices in the industry of Ukraine in April 2018 remained unchanged after growth by 0.3% in March, 1.2% in February and4.4% in January, the State Statistics Service has reported.
Revenue of Ukraine’s national budget in April 2018 totaled UAH 78.87 billion, which is UAH 1.67 billion or 2.2% more than the target, the State Treasury Service of Ukraine reported on its website.
The National Bank of Ukraine (NBU) confirmed the forecast for 2018 inflation at 8.9% in April.
Ukraine’s international reserves grew by 1.3% in April 2018 and amounted to $18.421 billion as of May 1, 2018, according to tentative data published on the website of the National Bank of Ukraine (NBU).
Industrial production in Ukraine in April 2018 increased by 3% compared with April 2017, while the figure in March 2018 year-over-year was 1%, it was 1.9% in February 2018 and 3.6% in January 2018, the State Statistics Service said.
The volume of sold industrial products (goods, services) in January-March 2018 stood at UAH 621.436 billion, which is 16.7% more than in January-March 2017, in particular the volume sold abroad was worth UAH 166.784 billion, the State Statistics Service has reported.
The consumer confidence of Ukrainians improved in April 2018: the Consumer Confidence Index equals 61.3, which is 3.7 points higher than the indicator in March 2018, GfK Ukraine has said in its monthly study.
Ukraine’s retail trade turnover in January-April 2018 increased by 7% in comparable prices in comparison with January-April 2017, the State Statistics Service has said.