December 04, 2008

Ukraine’s GDP growth to slow down in 2008

According to an October analytical review of the Standard & Poor's international rating real GDP growth in Ukraine in 2008 could slow to 4.55% down from 6.8% expected in 2007.

According to the review, in 2009 the pace of GDP growth could increase to 4.8%, and in 2010 to 6%. Annual average inflation in the country in 2007-2010 could be 13%, 16%, 17% and 9%, respectively.