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Tuesday, March 20, 2007

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.