Wednesday, July 20, 2011

Ukraine's GDP exceeded 1.1 trillion. UAH, - an alternative calculation

Total gross domestic product of Ukraine in 2010 for the first time exceeded the trillion milestone and reached 1,100.913 billion USD (1.1 trillion. UAH) This is indicated by preliminary data MPP Consulting, obtained by using alternative methods of calculating GDP. As part of research in consumer prices in Ukraine was published on the first result of the calculation of real inflation in Ukraine in January 2011. Thus, the level of real inflation on the standard basket of goods amounted to 4,8%. According to calculations, the actual consumer price index in January 2011 amounted to 1.048. Thus, actual inflation since the beginning of 2011 amounted to 4,8% (January 2011 to December 2010). These indicators are calculated within the framework of a systematic study of the current macro-economic data on the basis of alternative research methods. Recall, January 20, Azarov said that Ukraine's gross domestic product in 2010, according to preliminary data, increased by 4,1%. In addition, the Prime Minister noted that all the forecasts, particularly on inflation and growth in industrial output, up to 2010 coincided with those that were laid in state government budget.

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