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06.04.2018 | 15:28
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Experts improved GDP growth forecast for Ukraine

Experts lifted GDP forecast from 3.0% to 3.2% in 2018, according to consensus prognosis of the Ministry of Economy

Experts lifted GDP forecast from 3.0% to 3.2% in 2018, according to consensus prognosis that was organized by the Ministry of Economic Development and Trade.

It was reported by the Ministry of Economy. 

Thus, the experts project growth of the real GDP at 3.2% in 2018 meanwhile in 2019 - at 3.1%, in 2020 - at 3.3%, and in 2021 - at 4%. 

Previously the GDP prognosis for 2019 and 2020 was 3.6% and 4% respectively. 

Nominal GDP for this year is prognosed at USD 3 450.7 billion level. 

Level of inflation, according to the prognosis, is 9.7% in 2018 (on December 2018 by December 2017 basis), 8% in 2019, 6.8% in 2020, 6.4% in 2021. 

In the last December, the experts expected inflation growth up to 8% in 2018, 5.9% in 2019, and 5% in 2020. 

Prognosis for interest rate is 16%. 

UAH rate forecast was improved to 29.15 UAH/USD vs previous 29.85 UAH/USD, to 30.43 UAH/USD at the end of 2019.

Year-average price to oil will be USD 60 p/b, USD 62.5 p/b in 2019, USD 63.6 p/b in 2020. 

Year-average price to gas will be USD 256.1 per 1 thousant cu m in 2018, and USD 270 in 2019. 

References in the article: prognosis, gdp, forecast, ministry of economy
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