REUTERS

According to the estimates, Ukraine's GDP in the third quarter rose by 0.7% from the second quarter of 2015, taking into account the seasonal factor.

As UNIAN reported earlier, the National Bank of Ukraine sees Ukraine's GDP grow by 1% in the third quarter of 2015 compared to the second quarter – the assessment which is in line with that of the World Bank, one of Ukraine's major creditors.

The State Statistics Service reported the GDP decline slowed to 14.6% in annual terms in the second quarter of 2015, against a 17.2% decline in the previous quarter.

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The Cabinet of Ministers considers three main scenarios for Ukrainian economic development in 2015, with the country's GDP expected to drop within a range of 5.5%-11.9%.

The National Bank of Ukraine predicts the country's GDP will decrease by 7.5% in 2015.