Year-over-year Ukrainian consumer price index inflation was at 26.6% for 2022, State Statistics Service reported on Jan. 10. In December 2022, price growth levels remained the same as in November – at 0.7%, compared to 2.5% in October, 1.9% in September and 1.1% in August. In December 2021, inflation was at 0.6%, so in annual … Read more
During 2022, Ukraine exported 99.8 million tons of goods worth 44.1 billion dollars. This was announced by Deputy Minister of Economy and Trade Representative of Ukraine Taras Kachka. The official noted that from 2021, the value of exports fell by 35%, and physical volumes decreased by 38.4%. “However, in war conditions, this is a feat: … Read more
Russia’s full-scale invasion of Ukraine has already caused $700 billion in damage, Ukrainian PM Denys Shmyhal said during a cabinet meeting on Jan. 3. Shmyhal noted that at the beginning of June 2022, that amount was estimated at around $350 billion. “Given the latest attacks on our infrastructure, today this amount exceeds $700 billion,” the … Read more
Ukraine exported 22.76 million tons of grain crops from the beginning of the 2022/2023 marketing year (from July to June) and until Jan. 2, the Ministry of Agrarian Policy reported. According to the agency, more than half (55.5%) of the total supply is corn —12.64 million tons, another 8.41 million tons of wheat (36.9%) and … Read more
The adaptability that Ukrainian business has shown during the full-scale Russian invasion has allowed the country to decrease the predicted fall in GDP from 50% to 32% by the end of the year, Minister of Economic Development and Trade Yulia Svyrydenko said on Ukrainian television on Dec. 27. She noted that continued economic growth depends on the … Read more
Next year, the Cabinet of Ministers of Ukraine expects to harvest in the controlled territories in the amount of 70-75% of the indicators of 2022, despite the negative factors in the country’s agricultural sector caused by Russian military aggression. The support of international partners will also help Ukraine to harvest, Prime Minister of Ukraine Denys … Read more
Since the beginning of the full-scale Russian invasion, Ukraine has supplied 35.8 million tonnes of grains, legumes, oilseeds to foreign markets, the website of the Ministry of Agrarian Policy and Food reported. According to it, in the first half of December 2022, some 3.6 million tonnes of agricultural products were exported from the country, which … Read more
Real gross domestic product (GDP) of Ukraine in the third quarter of 2022 fell by 30.8% compared to the third quarter of 2021 after falling by 37.2% in the second quarter and 15.1% in the first of this year , such an operational assessment was published by the State Statistics Service on Friday. According to … Read more
The growth of consumer prices in Ukraine in November 2022 slowed down to 0.7% from 2.5% in October, 1.9% in September, 1.1% in August, having returned to the level of July, the State Statistics Service of Ukraine said on Friday. In November last year, inflation was recorded at 0.8%, so year-over-year, in November this year, … Read more
The Cabinet of Ministers bans the export of firewood due to its strategic importance for the heating season in the face of Russian missile attacks on the Ukrainian power system, Prime Minister Denys Shmyhal has said. “Today we are making a decision to ban the export of firewood. This will accumulate it in Ukraine,” he … Read more