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Ukraine’s GDP growth has slowed

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Last month, the transportation, processing and construction industry showed high positive dynamics. While there is a decline in agriculture.

At the end of October, Ukraine’s gross domestic product (GDP) growth slowed to 1.5% compared to 3.8% in September. The Ministry of Economy announced this on Monday, November 18.

It is indicated that last month the industry of transportation, processing and construction continued to show high positive dynamics. While there is a decline in agriculture.

“The reason is the early harvest this year: by October, farmers have finished harvesting individual crops,” the report said.

At the end of 10 months, the Ukrainian economy grew by 4.2%.

At the same time, the department recalled that in September GDP growth was recorded at 3.8%, and for nine months – 4.5%.

At the same time, the IMF predicts that in 2024 the Ukrainian economy will grow by 3%, and in 2025 – only by 2.5%.

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Source: korrespondent

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