Fall of Ukraine's GDP slows down to 6.2% in seven months – Economy Ministry
The fall in Ukraine's GDP in January-July 2020 slowed down to 6.2% compared to 6.5% in the first half of this year, according to the economic activity review for the seven months of 2020, published by the Ministry of Economic Development, Trade and Agriculture.
"In July 2020, against the background of continued adaptation to work under quarantine conditions, almost all types of economic activity showed a slowdown in the rate of decline or growth (in particular, the retail segment of the market). This indicates a gradual recovery process and the fact that most areas of the economy are gradually recovering after a lockdown," the ministry says in the document.
Advertising
Advertising
MORE ABOUT
Canada to allocate another CAD 13 mln for Czech initiative on ammo procurement for Ukraine
14:46, 27.04.2024
Belgium may supply F-16 aircraft to Ukraine this year – govt
21:32, 26.04.2024
Ramstein Coalition pledged over $95 bln in military aid to Ukraine over two years – Austin
21:27, 26.04.2024
Ukraine, Japan discuss creation of special tribunal for Russian war crimes
09:44, 26.04.2024
Service eCherha for buses launched at 10 Ukrainian-Moldavian border crossing points
16:02, 24.04.2024
LATEST
PM: preferential price for gas extended until end of summer, for electricity until end of spring
17:17, 26.04.2024
Work of Kyivteploenergo blocked due to new searches by law enforcers – company
13:00, 26.04.2024
Almost three-quarters of employers feel shortage of staff, plan to increase wages in 2024 – EBA survey
20:59, 25.04.2024
Metinvest's Pokrovske mine extracts 1.2 mln tonnes of coking coal in Q1, plan for 2024 is 5.35 mln tonnes
20:07, 25.04.2024
Chornomorsk port resumes shipment of agricultural products for export