Unemployment in Ukraine
Ukraine - UnemploymentVolodymyr Zelensky, a comedian with no former political experience, was elected Ukraine’s president on 21 April. Zelensky, who ran chiefly on an anti-corruption platform, vowing to restore faith in governmental institutions and courts, racked up 73% of the vote; Petro Poroshenko, the incumbent, was left with less than 25%. Given Zelensky’s lacking credentials, uncertainty remains elevated regarding his tenure; to exacerbate matters, the new president will take office with little support in parliament and amid growing pressure over the IMF loan conditions and deteriorating relations with Russia. Despite the political turbulence, growth appears to have remained healthy in the first quarter of the year. Retail sales surged in Q1, likely propped up by lower inflation and a stronger hryvnia, signaling upbeat consumer demand. Furthermore, merchandise export growth picked up in Q1, thanks to surging agricultural exports.
Ukraine - Unemployment Data
5 years of economic forecasts for more than 30 economic indicators.
Ukraine Unemployment Chart
Source: State Statistics Committee of Ukraine (Ukrstat).
|Bond Yield||19.00||0.0 %||Jul 27|
|Exchange Rate||26.14||0.30 %||May 13|
|Stock Market||570||0.21 %||May 13|
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May 15, 2019
Growth lost traction at the beginning of this year, according to preliminary data released by the State Statistics Service of Ukraine on 15 May GDP rose 2.2% in annual terms in Q1 2019, down markedly from a robust 3.5% increase logged in Q4 2018 and marking the weakest expansion since Q4 2017.
May 8, 2019
Consumer prices rose 1.0% month-on-month in April, up slightly from a 0.9% increase in March.
May 7, 2019
Volodymyr Zelensky, a comedian and political novice, won nearly three quarters of all votes in the presidential runoff on 21 April, trouncing Petro Poroshenko, the incumbent.
April 29, 2019
Industrial production rose 2.1% year-on-year in March, compared to the 1.8% dip in February.
April 25, 2019
At its 25 April meeting, the National Bank of Ukraine (NBU) cut the key policy rate by 50 basis points to 17.50%, marking the first rate cut in two years.