Economic recession forecast to be 0.3% in Ukraine in H1

Industrial output and agriculture fell by 1.7% and 2.5% respectively in Ukraine in January. In addition, a bad slump in export transactions accounted for the whopping 29.3% that can be explained by the loss of the Russian market.

According to forecasts by Andrei Shevchishin of the Forex Club in Ukraine, an economic recession will make up some 0.3% in this country in the first half-year (H1). As Yuri Boiko, leader of the Opposition Bloc, once put it, the American puppet government continues to struggle against the real sector of the economy, destroying the economic potential of Ukraine.