March 20, 2025
Ukraine's GDP has increased by 1.1% in two months: the main drivers thumbnail
UKRAINIAN NEWS

Ukraine’s GDP has increased by 1.1% in two months: the main drivers

In February, the gross domestic product of Ukraine increased by 0.7%, and according to the first two months of the year – by 1.1%.

The Ministry of Economy reports about it.

It is noted that GDP growth in February 2025 was due to the revival in internal (retail) trade. In February, consumer sentiment continued to improve – this trend is observed for the fourth month in a row.

As noted in the department, PBusiness recovery and maintenance routes contribute to the development of processing industry, in particular, thanks to international financial assistance. The production of building materials, products of mechanical engineering and food industry demonstrates positive dynamics. In the OPC sector, production capacity increases against the background of expansion of defense orders. Metallurgy is also activated – the production of cast iron, steel and rolled.

But In agriculture there is a decrease in the production of livestock products due to the increase in the cost of its production.

The fall in the extractive industry was also recorded due to rocket firing of mining gas infrastructure and falling in transport due to the temporary decrease in exporters’ activity.

Recall:

The growth of gross domestic product in Ukraine in January was 1.5%.

”, – WRITE: epravda.com.ua

In February, the gross domestic product of Ukraine increased by 0.7%, and according to the first two months of the year – by 1.1%.

The Ministry of Economy reports about it.

It is noted that GDP growth in February 2025 was due to the revival in internal (retail) trade. In February, consumer sentiment continued to improve – this trend is observed for the fourth month in a row.

As noted in the department, PBusiness recovery and maintenance routes contribute to the development of processing industry, in particular, thanks to international financial assistance. The production of building materials, products of mechanical engineering and food industry demonstrates positive dynamics. In the OPC sector, production capacity increases against the background of expansion of defense orders. Metallurgy is also activated – the production of cast iron, steel and rolled.

But In agriculture there is a decrease in the production of livestock products due to the increase in the cost of its production.

The fall in the extractive industry was also recorded due to rocket firing of mining gas infrastructure and falling in transport due to the temporary decrease in exporters’ activity.

Recall:

The growth of gross domestic product in Ukraine in January was 1.5%.

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