Thomson Reuters Foundation

Inform - Connect - Empower

Ukraine Q1 GDP down 1 pct y/y -economy ministry

Source: Reuters - Tue, 29 Apr 2014 11:30 GMT
Author: Reuters
Tweet Recommend Google + LinkedIn Email Print
Leave us a comment

KIEV, April 29 (Reuters) - Ukraine's gross domestic product contracted an estimated 1 percent in the first quarter of 2014, compared with the same period last year, a senior Economy Ministry official said on Tuesday.

"The first quarter result is better than we expected," Deputy Economy Minister Anatoliy Maksyuta told a briefing. "...It will be roughly minus 1 percent, according to our estimates."

A Reuters poll had forecast a 2.8 percent GDP decline in the first quarter, compared with a 1.2 percent contraction during the same period a year ago. (Reporting By Natalia Zinets, Writing by Alexei Anishchuk, Editing by Nigel Stephenson)

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of the Thomson Reuters Foundation. For more information see our Acceptable Use Policy.

comments powered by Disqus
Most Popular

Latest slideshow

See allSee all
Featured jobs