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Ukraine’s economy contracts in August for the 1st time in six years
Journal Staff Report

KIEV, Sept. 13 - Ukraine's economy contracted in August for the first time in six years marking a shocking reversal from the robust expansion last year and suggesting budget troubles may emerge within months.

The economy shrunk 1.6% on the year in August, dashing the government's hopes the economy would start picking up speed by the end of the year, a government source told Interfax-Ukraine Tuesday.




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USD 27.64 27.41
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