Ukraine's GDP 2% up in annual terms in Q1

13.06.2012 16:07 "Agro Perspectiva" (Kyiv) — Ukraine’s GDP grew by 2% in Q1, 2012, against January-March 2011 (in constant prices of 2007), the State Statistics Service of Ukraine informs. «Nominal GDP made up UAH 296.970 billion in Q 1, 2012. Real GDP in Q 1, 2012, against Q 1, 2011 (in constant prices of 2007) was 102%, and against Q4 2011, with a seasonal factor taken into consideration — 99.8%,» the statement reads. To remind, according to live data, the State Statistics Service appraised GDP growth in annual terms by 1.8% against the previous quarter — reduction by 0.3%. Expenses of households in Q1 made up UAH 210.999 billion, which is 9.8% up against a year earlier and 2.2% up against Q4, 2011. Total final consumer expenses amounted to UAH 274.401 billion (+7.9% against Q1, 2011). At the same time, GDP in per capita calculation grew by 2.4% over a year to UAH 6.511. Gross national income in January-March was UAH 296.953 billion, out of these, gross income — UAH 91.37 billion, labor remuneration to wage earners — UAH 169.028 billion, taxes except for subsidies for production and import — UAH 47.52 billion, property income received from other countries, except for the paid amount — minus UAH 10.952 billion.

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