Business news from Ukraine

Business news from Ukraine

Germany’s GDP remained unchanged in Q3

Germany’s GDP remained unchanged in the third quarter of 2025 compared to the previous three months, according to final data from the Federal Statistical Office.

This coincided with both the previously announced data and the consensus forecast of analysts surveyed by Trading Economics.

Germany’s economy grew by 0.3% year-on-year in the third quarter. This figure was also unchanged and in line with experts’ expectations.

“Weak exports had a dampening effect on economic activity in the third quarter, while capital expenditure increased slightly,” said Destatis President Ruth Brand.

Government spending in July-September remained unchanged from the previous three months, while capital expenditure rose by 0.3%. At the same time, consumer spending fell by 0.3%, the first decline in seven quarters.

Exports of goods and services fell by 0.7%, while imports remained unchanged.

In the second quarter, Germany’s GDP fell by 0.2% q/q and rose by 0.3% y/y.

Earlier, the Experts Club information and analytical center released a video analysis of global economic trends and the outlook for the world’s major economies until the end of 2025 – https://youtu.be/kQsH3lUvMKo?si=LnQWU3r2Kd5HesPh

Source: http://relocation.com.ua/germanys-gdp-remained-unchanged-in-the-third-quarter/

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Spain’s GDP grew by only 0.6% in third quarter

Spain’s GDP grew by 0.6% in the third quarter of 2025 compared to the previous three months, according to preliminary data from the national statistics agency INE. Economic growth compared to the same period last year was 2.8%.

Analysts had forecast an average increase of 0.6% for the first indicator and 3% for the second.

The pace of growth slowed: in the second quarter, GDP rose by 0.8% quarter-on-quarter and 3.1% year-on-year.

Consumer spending in Spain rose by 1.2% in July-September compared to the previous quarter, business investment by 1.7%, and government spending by 1.1%.

Exports of goods and services fell by 0.6%, while imports rose by 1.1%.

Industrial production rose by 0.5%. The services sector showed an increase of 0.8%, and the construction industry also rose by 0.8%.

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China’s GDP growth slowed to 4.8% in third quarter

China’s economy grew by a minimal 4.8% year-on-year in the third quarter of 2025, according to a report by the National Bureau of Statistics. GDP growth slowed from 5.2% in April-June. Analysts also expected growth to slow to 4.8% on average, according to Trading Economics.

China’s GDP growth in July-September was 1.1% compared to the previous three months (with an average forecast of 0.8%). In the second quarter, the figure increased by a downwardly revised 1% quarter-on-quarter.

In January-September, the economy grew by 5.2% year-on-year to 101.5 trillion yuan ($14.24 trillion).

China’s disposable income per capita rose 5.1% to 32,510 yuan in the first nine months, according to the NBS.

At the end of 2024, the Chinese economy grew by 5%, and the same growth is envisaged in the socio-economic development plan for 2025.

 

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Glovo operates in more than 40 cities in Ukraine and generates 0.4% of GDP, according to company

The Glovo courier delivery service, which began operating in Ukraine in 2018, has invested more than EUR 160 million in the business during this time, said Marina Pavlyuk, CEO of Glovo in Ukraine, at the Kyiv International Economic Forum (KIEF) on Thursday.

“We are ready to invest more. This year, probably around EUR 25 million, but security and guarantees are still an open question. For now, we are relying on the initiative of investors and the dedication of our team, which is ready to convince investors that we need to work here despite all the challenges,” Pavliuk said, according to a correspondent from the Interfax-Ukraine news agency.

According to her, six years ago, the relevant committees of the Rada began working on a mechanism that could regulate the issue of “self-employed” in this market, but only on October 15 this year did the relevant parliamentary committee recommend adopting the relevant bill in the first reading. According to Pavliuk, the bill takes into account the interests of various groups, including marketplaces.

“We are awaiting the second reading and finalization. We are in favor of digitalization, we are helping the state make the right decision, and we hope that there will be political will, because this means revenue for the country’s budget and stability in terms of long-term investments,” emphasized the CEO of Glovо.

Pavliuk added that the total amount of potential revenues to the state budget could be around UAH 7 billion.

According to the CEO of Glovо, as of 2024, the company was responsible for 0.4% of GDP.

In a comment to Interfax-Ukraine, Pavlyuk said that the company currently operates in more than 40 cities in Ukraine. In some cities, Glovо has ceased operations due to the occupation, particularly in Mariupol and Berdyansk.

“In general, the last places we expanded to were Pavlohrad in the east and Kovel in the northwest,” she said.

According to her, it is important for the company to have other businesses operating in the city, partners.

“We often exchange signals with our partners. They give us a better understanding of which cities we can potentially launch in. There are currently several cities of the same size (IF-U) in the works, so we’ll see how it all goes next year,” Pavlyuk clarified.

 

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Spain’s GDP grew by 0.8% in second quarter

According to Serbian Economist , Spain’s economy grew by 0.8% in the second quarter of 2025 compared to the previous three months, according to final data from the national statistics agency INE. The increase in GDP compared to the same period last year is 3.1%.

Consumer spending in Spain in April-June grew by 0.8% compared to the previous quarter, business investment by 1.8%, and government spending by 0.1%.

Exports of goods and services rose by 1.3%, imports by 1.6%.

Industrial production increased by 0.9%, the service sector showed an increase of 1%, and the construction industry by 2.3%.

In the first quarter, the country’s GDP grew by 0.6% quarter-on-quarter and by 2.8% year-on-year.

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UK GDP growth slowed to 0.3% in Q2

The UK economy grew by 0.3% in the second quarter of 2025 compared to the previous three months, according to the latest data from the Office for National Statistics (ONS). The result coincided with both the preliminary estimate and the consensus forecast of analysts polled by Trading Economics.

Thus, the pace of GDP growth slowed from 0.7% in the first quarter.

In April-June, the services sector grew by 0.4%, the construction sector by 1%, while the manufacturing sector contracted by 0.8%.

Consumer spending increased by 0.1%, and government spending by 1.3%. Business capital investment increased by 0.5% (previously reported as a 1.1% decline).

Exports decreased by 0.2% (the decline was recorded for the third quarter in a row), while imports remained unchanged.

British GDP growth in the second quarter was 1.4% compared to the same period last year. Previously, it was reported an increase of 1.2%.

Earlier, the Experts Club analytical center released a video on the economic performance of Ukraine and major countries of the world – https://youtu.be/kQsH3lUvMKo?si=dhZl9SIChwDiTinw

 

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