Ukraine sees economic crisis aggravating / Photo from UNIAN
There was a 1.5% GDP growth in Q4 2019.
Ukraine's GDP slid by 1.5% in the first quarter of 2020 (Q1) compared to the same period of 2019.
"Real GDP in Q1 2020 decreased by 0.8% compared to the previous quarter (taking into account the seasonal factor) and slid by 1.5% compared to Q1 2019," the State Statistics Service of Ukraine said.
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As UNIAN reported earlier, the growth of real GDP in Ukraine in the fourth quarter of 2019 compared to the same period of the previous year was 1.5% against 4.1% growth year-over-year in the previous quarter.
In January-February 2020, GDP fell by 0.2%, while its decline in January 2020 was 0.5%.