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28.04.2010
Review of Ukraine’s Economic Development in March 2010
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According to Credit-Rating, the GDP growth in 1Q2010 versus the similar year-earlier period was recorded at around 5%. In our opinion, we may expect that business activities in the industrial sector will retain being underpinned by environment in foreign markets. The industrial production index in March was recorded at 116.2% (99.3% in February). The metallurgical and machine-building companies are expected to maintain their business activities. The business activities of construction and retailing companies are not going to exceed the figures recorded in the past year and will be constrained by weak growth of effective demand and absence of substantial investments or lending. |
