Ukraine:consumption forecast

摘要

The uptrend in Ukrainian flats market is based on construction industry upturn. Issue of expensive government bonds made hryvnia stronger, leading to imports inflow and export reduction.Risks of political instability stay high, slowing down the growth of Ukrainian economy. Financedfrom the state budget, infrastructural construction will keep recovering. Low paying capacityof population and high interest rates on loans will affect the rates of housing completions. Replacement of outdated freight railcars slows down, imports of machines and equipment go upon the back of strong hryvnia, so flats shipments to machine-builders are likely to decrease.