OREANDA-NEWS. July 22, 2010. Ukrainian Prime Minister Mykola Azarov said at an open government meeting that GDP rose 6.3% yoy in 1H10. Earlier this month, the State Statistics Committee increased its most recent official estimate of GDP growth in 1Q10 to 4.9% yoy.

Concorde Capital: in 2H10, GDP growth is poised to slow on the back of lower metal prices and, more broadly, weaker global demand compared to the start of the year and a higher base of 2H09. Domestic demand should accelerate in the quarters ahead, but this will not be sufficient to fully compensate for sluggish external demand. We keep our 2010 GDP forecast unchanged at 4%.