Ukraine's real GDP fell by 6.8% last year, government reports Journal Staff Report
Ukraine's real gross domestic product decreased by 6.8%, in 2014 while in nominal terms it amounted to UAH 1.567 trillion, the State Statistics Service reported. The rate of decline "quarter compared to the same quarter of the previous year" in 2014 was constantly accelerating: in the first quarter - 1.2%, in the second - 4.5%, in the third quarter - 5.4%, and in the fourth – 14.8%.Ukraine's 2015 national budget is based on GDP declining by 5.5% and inflation of 26.7%.
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