Press Archive

May 11, 2021

Blinken Becomes 1st Top Biden Admin Official to Visit Ukraine

US Secretary of State Antony Blinken visited Kyiv on Thursday (May 6), meeting with President Zelenskiy, Prime Minister Dennis Shmygal, Foreign Minister Dmytro Kuleba, anti-corruption activist Dasha Kaleniuk, and other figures.

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April 12, 2021

Ukraine’s 12-Month Inflation Jumps to 8.5% After March Data

The actual inflation pace this year is clearly out-running the base case scenario forecast, with a trend emerging of a roughly 1% rise in Ukraine’s headline inflation figure each month for the last half year.

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March 15, 2021

Ukraine Headline Inflation Accelerates to 7.5% YoY in February

February’s CPI increase on a month-on-month basis was a notable 1.0%.

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January 11, 2021

Ukraine Foreign Reserves Reach USD 29bn After Rising 15% in 2020

The notable rise in Ukraine’s forex reserves in 2020 occurred simultaneously with the national currency moving in the opposite direction; the hryvnia devalued by 16% against the dollar last year.

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November 30, 2020

Kernel Posts Massive Profit of USD 204mn for Jul-Sept Quarter

Kernel’s net profit for the Jul-Sept quarter was absolutely massive and implies earnings per share of PLN 9.11, translating at the current PLN/USD exchange rate.

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November 16, 2020

Ukraine Headline Inflation Edges Up to 2.6% in October from 2.3% in September

In October alone there was inflation of 1.0% MoM on the back of 1.1% MoM increase in the aggregate food price index.

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October 11, 2020

Kernel Posts Full-Year EBITDA Increase of 28% YoY to USD 440mn

Kernel’s reported EBITDA for FY20 was 8% above our latest forecast, confirming further healthy growth of the company’s overall business.

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September 28, 2020

Ukrainian Industrial Decline at 5.3% YoY for August and 7.4% for 8M20

In other macroeconomic statistics, retail sales increased by a very impressive 8.7% YoY in August

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September 14, 2020

Ukraine Headline Inflation Stays Near All-Time Low at 2.5% in August

There was a traditional seasonal monthly deflation seen in both August and July due to lower prices for agricultural produce food staples.

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August 31, 2020

Industrial Output Down 4.2% YoY in July and 7.7% YoY for 7M20

It should be noted that Ukrainian industry is currently performing hardly any worse than it was before the start of the COVID crisis in March, as there were year-on-year declines in the 3-5% range during the November-February period.

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