Ukraine’s GDP fell more than in 2008
The State Statistics Service did not specify nominal GDP for the third quarter of 2012 and did not give other details.
The budget for 2012 was calculated based on the government´s GDP growth forecast at 3.9%.
Earlier, State Statistics Service reported that GDP growth in the II quarter of 2012 compared to the same period in 2011 was 3%, in I quarter - 2%. For comparison, in the third quarter of 2011, Ukraine´s GDP growth against the same period in 2010 (in constant 2007 prices) was 6.6%.
The international rating agency Fitch Ratings predicted a slowdown in growth in the gross domestic product of Ukraine from 5.2% in 2011 to 0.5% in 2012 and a slight increase of 3.1% in 2013.