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Ukraine’s GDP grew by 3.5% in January

Ukraine’s GDP grew by 3.5% in January

Thanks to the expansion of logistics capabilities and the growth of investment demand, Ukraine’s GDP grew by 3.5% in January. In January, the main sectors of the economy demonstrated positive dynamics.

Source:https://www.me.gov.ua/News/Detail?lang=uk-UA&id=76798e1d-bab3-4af5-a252-e45cf1645e53&title=USichniVvpZrisNa3-5-ZavdiakiRozshirenniuLogistichnikhMozhlivosteiTaZrostanniuInvestitsiinogoPopitu

The work of the Ukrainian Maritime Corridor made it possible to achieve record export volumes since the beginning of the large-scale invasion of the Russian Federation and continue to increase economic activity, primarily by producers of agricultural and metallurgical products, metal ore mining enterprises and railway transport activities. Also, the lifting of the blocking of the Polish-Ukrainian border by Polish road carriers from the middle of the month had a positive effect on the activities of exporters and producers who are significantly dependent on imported raw materials,” explained the First Deputy Prime Minister of Ukraine – Minister of Economy of Ukraine Yuliya Svyridenko.

The construction industry is also growing due to investment demand against the background of maintaining budgetary funding for the restoration of damaged critical infrastructure. Also in January, positive recovery trends were observed in the fields of agriculture and domestic trade.

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