GDP increased in the first quarter of 2023

©

According to the State Statistics Service, real GDP in the first quarter of 2023 increased by 2.4% compared to the fourth quarter of 2022, and decreased by 10.5% compared to the first quarter of 2022.

A detailed breakdown of this indicator by sector and final expenditures will follow later.

In particular, the NBU forecasted a 13.5% decline in GDP in the first quarter of 2023 (compared to the same period in 2022). Therefore, the latest forecasts of real GDP growth for the year in the range of +2-3% remain valid.

The recovery in annual terms will begin in the second quarter of this year, in which, against the background of the low base of last year, the growth rate will be double-digit.


PigUA.info by getmantsevdanil