National Bank of Ukraine - Annual Report 2005

According to the National Bank of Ukraine's Annual Report 2005, the reduction in the real GDP growth almost to one-fourth in 2005 was determined primarily by considerable structural transformations in the economy, as well as by dampening of the investment activity and worsening of the external conditions.

The domestic demand increased mainly due to the increase in the household incomes supported in addition by the budget policy directed towards the current consumption.

The inflationary

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