Analytics
21 August 2026
  • Fitch returns Naftogaz to 'CC' after the restructuring: maturity extension positive, credit risk still high
  • Russia steps up drone attacks on Naftogaz infrastructure: oil and gas production and fuel assets hit
  • Consumer inflation accelerated to 7.7% YoY in July, core inflation held at 8.1% YoY, and the NBU raised its year-end forecast to 10.0%
  • VF Ukraine 1H26: Eurobond buybacks cut the amount outstanding to c. $274mn; UAH 702mn of 2025 dividends declared
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14 August 2026
  • The EU will provide Ukraine with €1.40bn from the proceeds of frozen Russian assets, following a €3.47bn tranche under the Ukraine Support Loan
  • According to the NBU's estimates, Ukraine will lose $2.5bn in export revenue in 2H26 due to the port blockade
  • According to the State Statistics Service, Ukraine's real GDP grew 0.6% YoY and 0.4% QoQ in 2Q26
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6 August 2026
  • The NBU raised the key rate by 50 basis points to 15.5% and revised its 2026 inflation forecast upward to 10.0%
  • Ukraine Railways approved a 45% freight tariff increase in two stages: the first indexation since 2022
  • Metinvest increased steel production by 13% in 1H26 as power supply stabilized
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31 July 2026
  • Ukraine received the second IMF tranche of $690mn: total program disbursements have reached $2.2bn
  • Russian strikes halt Ukraine's seaborne exports: outbound corridor traffic stopped on 22 July
  • Kernel posted FY26 operating results: grain exports of 6.3mn tons, up 15% YoY; terminal throughput reached 9.6mn tons
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February 2 – 8, 2022
  • Real GDP growth in 4Q21 has accelerated to 5.9% YoY (preliminary data)
  • Consolidated budget deficit in 2021 amounted to 3.4% of GDP, January revenues up 32% YoY
  • Ukraine’s CA deficit in December landed at $0.6bln, bringing the full-year total to $2.1bln
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