The economy of Ukraine was able to survive the shock of a blockade of trade with Donbas in the first quarter of 2017; it is expected to grow by 2.2% at the end of the year, according to S&P Global Ratings.
Ukraine's real GDP growth is expected to accelerate to 2.9% in 2018, to 3% in 2019, and to 3.2% in 2020, according to the agency's website.
Consumer inflation may reach 14.3% this year, 8.7% in 2018, 8% in 2019, and 7.5% in 2020, S&P said.
The national currency rate was forecast at UAH 26.9 per dollar at the year-end, while UAH 27.3 in 2018, UAH 27.5 in 2019 and 2020.
As UNIAN reported earlier, S&P Global Ratings affirmed its 'B-/B' long-term foreign and local currency sovereign ratings on Ukraine with a stable outlook.
The International Monetary Fund on October 10 suggested the country's GDP would grow by 2% in 2017 with inflation at a rate of 10% at the year-end.
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The Cabinet of Ministers of Ukraine projects economic growth at 1.8% in 2017 amid 12.9% inflation, while the National Bank forecasts the growth at 2.2% amid 12.2% inflation at the year-end.
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Inflation in Ukraine in October 2017 was 1.2% from September 2017, while it accounted for 14.6% y-o-y.