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Economy Ministry says Ukraine's GDP could grow up to 5% in 2023, but so far maintaining conservatively forecast of 2.8%

Economy Ministry says Ukraine's GDP could grow up to 5% in 2023, but so far maintaining conservatively forecast of 2.8%
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Meeting of CNB Board members with analysts


Meeting of CNB Board members with analysts
05/07/2021 | 07:16am EDT
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Meeting with Analysts
Presentation Outline
Comparison with the Previous Forecast
Longer-LastingPandemic Scenario
GDP decomp
Buoyant GDP growth in the effective euro area will resume during the year owing to growing vaccination coverage and reopening economies.
The economy will return to its potential output level over the forecast horizon, i.e. the negative output gap will gradually close.
The pressures on industrial producer prices will strengthen considerably this year. In addition to growth in prices of oil and other commodities, stronger demand for industrial goods will have an inflationary effect. ....

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