Despite the negative effects of Polish carriers blocking the borders with Ukraine, the country's economy demonstrated resilience and positive trends in November.
According to the Ministry of Economy, gross domestic product grew by 4% compared to the same period last year.
Even with almost a month-long restriction on motor transport, the Ukrainian maritime corridor partially compensated for the losses, which was especially important for producers of agricultural and metallurgical products.
First Deputy Prime Minister and Minister of Economy of Ukraine Yulia Svyrydenko emphasized the positive aspects and emphasized that the current inflation trend indicates the stability and efficiency of the Ukrainian economy in challenging conditions.
"According to our estimates, positive factors in November slightly outweighed the balance of impact on GDP, and as a result, according to the preliminary operational estimates of the Ministry of Economy, GDP growth was observed at 4%," she noted.
Consumer price growth slowed in November, to 0.5%, according to the State Statistics Service, from 0.8% in the previous month. Annual inflation also fell from 5.3% to 5.1%, even lower than in some EU countries.
First Deputy Prime Minister and Minister of Economy of Ukraine Yulia Svyrydenko pointed out that the moderate dynamics of consumer price growth is similar to the level of inflation in European countries that are not facing military difficulties. She identified this as additional confirmation of the integrity and stability of the functioning of the Ukrainian economy, and the current inflation trend indicates that expectations regarding the low level of inflation are justified.
