Business news from Ukraine

MACRO MONTHLY SUMMARY – MAIN STATISTICS OF UKRAINE IN MAY 2018

Growth of Ukraine’s GDP in January-March 2018 was 3.1% year-over-year.
The European Parliament (EP) on June 13 voted in favor of the third Macro-Financial Assistance (MFA) programme for Ukraine foreseeing the provision of EUR 1 billion to Ukraine.
The deficit of Ukraine’s foreign trade with goods in January-April 2018 grew 1.5-fold year-over-year, reaching $1.423 billion ($968.6 million in January-April 2017), the State Statistics Service reported.
Industrial prices in Ukraine in May 2018 increased by 0.8% after a zero growth in April, 0.3% in March, 1.2% in February and 4.4% in January.
Consumer prices in Ukraine in May 2018 remained unchanged from the previous month, while inflation was 0.8% in April, 1.1% in March, 0.9% in February and 1.5% in January.
Revenue of Ukraine’s national budget in May 2018 totaled UAH 96.85 billion, which is UAH 2.99 billion or 3.2% more than the target, the State Treasury Service of Ukraine reported on its website.
Largest taxpayers increased payment of taxes to the national budget by 20% or by UAH 21.7 billion in January-May 2018 year-over-year, to UAH 132.2 billion, the Office of Large Taxpayers has said on its website.
Money supply in Ukraine in May 2018 increased by 0.5%, to UAH 1.198 trillion, the relevant preliminary data of monetary statistics have been posted on the website of the National Bank of Ukraine (NBU).
Ukraine’s gross foreign debt amounted to $116.29 billion as of early April 2018, which was 0.25% or $288 million less than at the beginning of the year, the National Bank of Ukraine (NBU) reported on its website.
Cargo turnover of carriers in Ukraine fell by 3%, to 135.1 billion tonne/kilometers in January-May 2018.
Transport companies in Ukraine in January-May 2018 decreased passenger transportation by 1.5% compared to January-May 2017, to 1.909 billion people.
Freight handling at Ukrainian seaports in January-May 2018 totaled 54.3 million tonnes, which is 2.13% less than a year ago, according to data from the Ukrainian Sea Port Authority.
The consumer confidence index of Ukrainians after a two-month positive trend in May this year improved by another 1.5 points, to 62.9 compared with the April indicator, while in annual terms it grew by 4.9 points.
Ukraine’s retail trade turnover in January-May 2018 increased by 6.1% in comparable prices in comparison with January-May 2017.

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