Thursday, October 30, 2014

Ukrainian GDP Plunges 5.1% Amid Deadly Conflict in Nation’s East

Ukraine’s economy shrank 5.1 percent in the third quarter from a year earlier, the most in almost five years, as industrial production and the hryvnia slumped amid the bloody conflict in the country’s east.

The drop is less than the 9 percent median estimate of six economists in a Bloomberg survey. Seasonally adjusted gross domestic product fell 2.1 percent from the previous quarter, the state statistics committee said today on its website .... http://www.businessweek.com