Fitch forecasts slight economic growth in Ukraine in 2016

Source : 112 Ukraine

Fitch Ratings forecasts inflation in Ukraine at 17%
11:24, 11 March 2016

International Rating Agency Fitch Ratings forecasts economic growth in Ukraine at the level of 1%, inflation at 17%, hryvna exchange rate – 25 hryvnas / 1 US dollar, it is said in the Agency’s report.

“In 2015 fall in GDP amounted to 11,6%, in 2016 it is going to grow by 1%. Inflation in 2015 amounted to 48%, 17% are expected in 2016. Hryvna exchange rate is expected at 25 hryvnas for 1 US dollar”, - it is said in the report.

Moody’s rating agency forecasts a 2% economic growth for Ukraine in 2016 in case reforms continue.

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