Monthly Economic Monitor Ukraine, February 2007

There is a new macro review #76 for economy from Institute for Economic Research and Policy Consulting.

• The Law on the Cabinet of Ministers became the focal point of political conflict in January.
• Real GDP grew by 7.0% yoy in 2006 thanks to strong domestic demand growth.
• The Parliament passed the law allowing privatisation of several large enterprises.
• New steel trade agreement with the EU was initialled in January.
• In 2006 the central fiscal deficit was 0.9% of GDP.
• Real wages grew by 18.4% yoy in 2006 maintaining the previous year trend.
• Consumer prices moved down to 10.9% in January.