The volume of real GDP in April 1998 compared to April 1997 increased by 0.3%. The volume of nominal GDP was UAH 7,504 mln.

In January-February 1998 compared with the respective period of the last year, the real GDP decreased by 0.1%. The volume of nominal GDP was UAH 28,060 mln. The GDP deflator was 1.1. In January-May 1998 compared with the respective period of the last year, the real GDP increased by 0.1%. The Nominal GDP was 35700 mln.UAH; in May it was 7640 mln.UAH.

According to the government's estimates, the volume of GDP in 1998 will be up 0.5% compared to 1997.

Table 1
Output of Major Industrial Products

Product	January-April 1998	April 1998	Change(%) compared to January-April'97
Electric power, bln. kWt/hours	63.9	13.7	- 4.1
Oil, thousand tons	894	222	- 5.3
Coal, mln. Tons	21.5	5.0	6.4
Primary Oil processing	4667	1274	14.4
Natural gas, bln. m3	5999	1440	1.2
Iron ore, mln. tons	18.4	4.8	7.3
Manganese ore, mln. tons	866	180	2.1
Pig iron	7.0	1.8	7.3
Steel, mln. tons	8479	2123	4.6
Final rolled metal, mln. tons	6.0	1.5	- 4.5
Steel tubes, thousand tons	514	146	- 22.9
Excavators, units	120	32	44.6
Tractors, units	1111	392	- 28.3
Automobiles, units	2636	732	73.6
Including:
trucks	1593	419	67.5
cars	524	133	88.5
buses	519	180	79.6
Synthetic ammonia,thousand tons	1288	328	- 12.4
Sulfuric acid, thousand tons	443	119	- 0.3
Calcinated soda	151	41.5	25.3
Mineral fertilizers,thousand tons	628.6	171.7	- 26.7
Chemical thread and fiber,thousand tons	8834	2144	- 4.9
Automibile tires, thousand units	2799	701	21.8
Cement, thousand tons	1228	442	1.9
Textiles, million m2	30562	8814	14.1
Knitted fabric,	1082	323	- 34.1
Tricot , thousand units	817	208	- 29.7
Footwear, million pairs	3297	928	- 4.7
Meat, thousand tons	73.1	20.5	- 44.4
Butter, thousand tons	17.8	5.8	12.4
Milk, thousand tons	177	45.4	3.8
Oil, thousand tons	139	189	12.6
Cereal, thousand tons	107	27.2	23.0
Bread and bakery goods, thousand tons	757	189	- 10.6
Canned food, million of tins (potential capacity)	200.5	59.7	13.8
Refrigerators, thousand units	133	34.6	82.5
Washing machines, thousand units	50.1	15.2	10.9

Back to contents| Next