Market Report, "Ukraine Food & Drink Report Q3 2013", Published
We have downgraded our outlook for real GDP growth in Ukraine in 2013 and 2014, and now expect GDP to contract by 1.4% in 2013 and grow by just 1.0% in 2014. We maintain our expectations for growing external account imbalances to drive a devaluation of the hryvnia by the end of the year.Additionally, Ukraine's GDP per capita is expected to remain one of the lowest in Europe over the decade ahead. Without institutional and economic reform, Ukraine's current economic...
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