Ukrainian Economy Grows Most Since 2013, Though Misses Forecasts
- Second-quarter GDP rose annual 1.3% vs. 1.7% seen in survey
- Growth driven by trade, construction, Adamant Capital says
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Ukraine’s economy expanded the most since 2013, though missed economist forecasts as its lackluster recovery from recession continued.
Gross domestic product rose 1.3 percent from a year earlier between April and June after inching up 0.1 percent in the previous three months, preliminary State Statistics Office data showed Monday. That compares with the 1.7 percent median estimate in a Bloomberg survey of seven economists. Seasonally adjusted GDP advanced 0.6 percent from the first quarter.