Experts have worsened the outlook for a fall in the gross domestic product from 4.2% to 6% in 2020 in compliance with the consensus forecast organized by the Economy, Trade and Agriculture Ministry.
The ministry has said this in a statement, Ukrainian News Agency reports.
Inflation is expected to be 5.8% over 7% December over December.
All the demand elements will show negative dynamics, however, the most considerable will be a fall in volume of investments, which had deepened from 14.8% to 20.3% in the previous consensus forecast.
As Ukrainian News Agency earlier reported, in April, experts worsened the GDP outlook from a growth of 3.2% to a fall of 4.2% in 2020.
Who we are: About us, Contacts. How we write news and our principles: Editorial code. We did our best. If you found this valuable – please support us.
To request a correction, please send an email.