Ukraine’s GDP grew by 6%

Ukraine’s GDP grew by 6%

Ukraine’s GDP grew by 6% yoy in the second quarter, the Economy Ministry reported yesterday. The increase comes after five straight quarters of decline due to the coronavirus pandemic. In a Reuters poll, economists predicted an 8% yoy increase. The Ministry said: “In the second quarter of 2021 economic recovery entered a positive trend, although it continues to be affected by the pandemic.” The government forecasts 4.1% growth for all of 2021, cancelling out last year’s decline of 4%.

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