Analytics
February 7 – 13, 2018
  • Foreign currency reserves of the NBU decreased by 2% MoM to $18.4bln at the end of January
  • Consumer inflation landed at 1.5% MoM and 14.1% YoY in January
  • The Parliament has passed legislation establishing a Central Credit Register at the NBU
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January 31 – February 6, 2018
  • Ukraine’s CA deficit increased by $273mln YoY to $690mln in December
  • Metinvest’s 4Q17 operating update and November financials: full year EBITDA to land at $1,750mln
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January 24 – 30, 2017
  • The 2017 consolidated budget deficit landed at 1.4% of nominal GDP
  • The NBU has increased the discount rate by 150bps to 16.0% and announced real GDP forecasts
  • Output of key economic sectors increased by 3.1% YoY in December
  • MHP 4Q17 operating update – poultry sales volumes went down, but prices have compensated
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January 17 – 23, 2017
  • The Parliament has passed an IMF-required privatization law and the President has nominated a new NBU governor
  • An independent forensics audit by Kroll has confirmed NBU fraud claims regarding Privatbank
  • Kernel 2Q18 operating update: temporarily weak financials likely ahead
  • Credit rating changes: Fitch has upgraded Ferrexpo to ‘B’ (positive outlook) and S&P has assigned a ‘B-’ to Metinvest (outlook stable)
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December 13 – 19, 2017
  • The NBU has increased the discount rate by 100bps to 14.5%
  • Ukraine has submitted an application to receive a new MFA loan from the EU
  • Real GDP growth in 3Q17 reached 2.1% YoY
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