Ukraine economic growth q4 2011

World Economic outlook - Ukraine economic growth q4 2011 : Ukrainian economic growth eased in the fourth quarter of 2011 as industrial production slowed because of weaker demand for the country’s products on world markets, the state statistics committee said.

Gross domestic product expanded a preliminary 4.6 percent from a year ago, compared with 6.6 percent in the previous three-month period, the statistics committee, based in the capital Kiev, said today on its website. The result exceeded the 4.5 percent median estimate of three economists in a Bloomberg survey.

Growth accelerated a seasonally adjusted 0.6 percent from the previous three-month period, the statistics office said, without providing any additional data. Ukraine’s economy grew 5.2 percent in all of 2011, the fastest pace since 2007, spurred by a good harvest and increased exports, the office said. That compares with a 4.2 percent gain in 2010 and a 3.9 percent forecast by the government for 2012.

“The second half of 2011 was stronger than analysts expected because of a good harvest,” said Alexander Valchyshen, the head of research at Investment Capital Ukraine in Kiev. Valchyshen sees growth of 3.5 percent for this year and doesn’t plan to revise it at the moment.

Ukraine government bonds due to mature in 2016

World Economic outlook- Ukraine government bonds due to mature in 2016 : Ukraine’s government bonds due to mature in 2016 rose, pushing yields down to 9.6 percent, the lowest level since Dec. 15 as of 11:07 a.m. in Kiev.

Ukraine inflation rate November 2011

World Economic outlook - Ukraine inflation rate November 2011, Ukraine Consumer prices 2011, Ukraine Producer prices, : Ukraine’s inflation rate unexpectedly declined in November to its lowest level since May 2003 as a record grain harvest helped ease food costs.

Consumer prices rose 5.2 percent from a year earlier compared with 5.4 percent in October, slowing for a fifth month, the state statistics committee in the capital, Kiev, said today on its website. That’s below the 5.7 percent median estimate of 11 economists in a Bloomberg survey. Prices rose 0.1 percent from the previous month.

Ukraine cuts GDP growth forecast 2012

World Economic outlook - Ukraine cuts GDP growth forecast 2012 : Ukraine, conceding that the global economic slowdown will have a major impact on its vital export industries, on Tuesday cut its forecast for economic growth next year to about 4 percent from an earlier estimated 5.5 per cent.

"Events of recent months are forcing us to switch to a more cautious scenario," Prime Minister Mykola Azarov told a business gathering. "We had expected GDP growth at about 5.5 percent next year ... (but) we are looking more at about 4.0 percent," he added.