ICU - Weekly Insight -- Retail trade slows

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ICU

Research Team

Weekly Insight -- Retail trade slows

Household consumption will remain the key driver of economic growth in 2019 being supported by a further increase in real incomes of households, albeit at a slower pace.

25/02/2019 7 EN

Provider

ICU

ICU IS A FINANCIAL SERVICES GROUP PROVIDING SECURITIES TRADING, INVESTMENT BANKING AND ASSET MANAGEMENT FOR PRIVATE AND INSTITUTIONAL INVESTORS.

More information about ICU you can find at https://www.icu.ua/

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Analysts

Research Team

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In March, Ukraine’s current deficit narrowed to US$0.9bn as the inflow of foreign budgetary grants resumed.

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Weekly Insight -- Investors reject MoF's offer on VRI

Last week, the MoF announced the results of its debut attempt to agree the terms of VRI restructuring. The initial offer was rejected by investors.

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Weekly Insight -- NBU holds key rate unchanged at 15.5%

The regulator has paused its tightening cycle and now forecasts a rate cut in September. Despite accelerating inflation, which reached 14.6% YoY in March and some expectations of another hike, the NBU stuck to its earlier plan and refrained from further increases. This marks the end of three consecutive hikes totaling 250bp.

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Weekly Insight -- Retail trade slows

Weekly Insight -- C/A improves on budgetary grants in March

Weekly Insight -- Investors reject MoF's offer on VRI

Weekly Insight -- NBU holds key rate unchanged at 15.5%

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