Ukraine Country Report - February, 2015

USD $149.00
Ukraine Country Report - February, 2015

This report reviews key macroeconomic data and microeconomic developments for Ukraine published during February 2015. The International Monetary Fund (IMF) has tentatively agreed a .5bn extended fund facility with Ukraine, part of an overall bn funding package for the country over the next four years, the fund's managing director, Christine Lagarde, said on February 12.
Industrial production in Ukraine in January fell by 21.3% y/y, accelerating from the previous month when it dropped by 17.9% y/y.
As of March 4, the National Bank of Ukraine (NBU) hiked its key refinancing rate from 19.5% to 30%. This is the second steep rate increase this year, after the bank initially raised it from 14% to 19.5% on February 6. Ukraine's floundering hryvnia strengthened to UAH21.7 to the dollar on March 4 after opening at UAH24.4. The strengthening follows a tightening of monetary policy by National Bank of Ukraine (NBU) and gives a crucial upturn in the hryvnia's roller-coaster ride of the past year.

Table of Contents

EXECUTIVE SUMMARY 4
MACROECONOMIC OVERVIEW 5
REAL SECTOR 7
2. Industry and Trade 8
3. Labour Market 10
FISCAL SECTOR 11
MONERARY AND FINANCIAL STATISTICS 13 
Table 1 GDP data 6
Table 2 CPI data 8
Table 3 Industrial production 9
Table 4 Retail trade data 9
Table 5 Average monthlty wages 10
Table 6 Monetary statistics 12
Table 7 Banking sector indicators 14
Table 8 BoP details 17
Figure 1 CPI inflation 6
Figure 2 PPI inflation 8
Figure 4 Retail trade 10
Figure 5 Official unemployment rate 11
Figure 6 Money supply 13
Figure 7 International reserves 13

Number of pages: 18
Release Date: Mon, 16 Mar 2015