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GISMETEO.RU
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Business    

Decline in real Ukraine GDP accelerates to 5.3% in third quarter
Journal Staff Report

KIEV, Dec. 10 – Ukraine's real gross domestic product declined by 5.3% year-on-year in the third quarter, following a Q2 4.7% drop and a Q1 fall 1.1%, the State Statistics Service reported.

In late October, the service estimated the fall in GDP in July-September 2014 compared to July-September 2013 at 5.1%.

The service added that GDP, taking into account the seasonal factor, shrank by 2.3% in the third quarter of 2014 compared to the second quarter of 2014, whereas earlier the fall was estimated at 2.1%.




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