On Ukraine's GDP and its growth components: an assessment of the situation

In Q2, real GDP growth was 0.7%. This is better than in the first quarter (0.2%), but it is hard to call this growth anything but anemic. The NBU's assessment of the components of GDP growth is noteworthy: private consumption provided the largest positive contribution to GDP growth in Q2 (5.5 percentage points), and growth in household final consumer spending accelerated to 9% year-on-year, up from 1.6% in Q1.

My comments and assessments of the situation and prospects:

Growth through investment would be of higher quality and offer greater prospects for maintaining GDP growth in the long run;