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The Kyiv Post Delivers Exclusive and In-Depth News and Opinions on Politics, Economics – Get Your Daily News Brief Direct from Ukraine Today!
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News
Ukraine’s Statistics Service Lowers Q2 2026 GDP Growth to 0.4% After Data Revision
23+ hour, 21+ min ago (262+ words) In brief: Ukraine’s State Statistics Service revised its second-quarter 2026 GDP estimate down to 0.4% year-on-year, from a 0.6% flash estimate, and to 0.3% quarter-on-quarter, below the National Bank’s earlier 0.8% calculation. Nominal GDP reached just under Hr. 2.31 trillion ($51.8 billion). Ukraine’s State Statistics Service revised its…...
Russian Strikes Could Add Up to 0.6 Points to Ukraine’s Inflation, NBU Says
3+ day, 22+ hour ago (381+ words) After Russia’s intensified strikes on Ukraine’s civilian logistics and retail businesses, added rebuilding costs and rising expenses could contribute roughly 0.4-0.6 percentage points to annual inflation by the end of 2026, National Bank of Ukraine (NBU) Deputy Governor Volodymyr Lepushynskyi wrote in…...
Ukraine's Inflation Reverses Course as NBU Warns Prices Could Stay Sticky
1+ mon, 2+ day ago (645+ words) In brief: Ukraine's annual inflation accelerated to 7.7% in July from 7.2% in June, while core inflation held at 8.1%, according to the State Statistics Service. Water tariffs surged 31.9% and transport services jumped 28.9% annually as a result of the spike in prices caused…...
Intertop Estimates $10 Million in Goods Lost After Russian Attack on Main Warehouse
1+ mon, 2+ day ago (409+ words) In brief: Intertop Ukraine retailer estimates that a Russian attack on its main warehouse destroyed goods worth about Hr.450 million ($10.8 million). The warehouse held hundreds of thousands of shoes, clothes, accessories and cosmetics, including new autumn-winter stock, while the retailer…...
North Korea Earns Up to $22 Billion Through Arms Sales to Russia
1+ mon, 5+ day ago (440+ words) The North Korean leader Kim Jong-Un secured up to $22 billion in foreign revenue between 2022 and 2025, largely driven by the mass export of munitions and troops to sustain Russia’s war in Ukraine, Bloomberg reported. The staggering sum, which nearly quadruples Pyongyang’s…...
Ukraine's GDP Growth Rebounds, Still Below Central Bank Forecast
1+ mon, 1+ week ago (460+ words) In brief: Ukraine's economy grew 0.6% year-on-year in the second quarter of 2026, a flash estimate from the State Statistics Service showed, falling short of the National Bank's 0.8% calculation. The NBU said expanded budget stimulus and an improving energy grid drove the…...
Russia’s Cash Rush Tops €26.9B as Banks Borrow Billions Amid Blackouts and Economic Fears
1+ mon, 2+ week ago (417+ words) In brief: Russians have withdrawn more than 2.4 trillion rubles (€26.9 billion) in cash since February as internet blackouts and economic uncertainty undermine confidence in electronic payments. The surge has left banks short of liquidity, forcing the central bank to inject billions…...
Russian Fuel Tourists Face New Entry Limits in Kazakhstan as Crisis Deepens
2+ mon, 4+ day ago (760+ words) Kazakhstan has restricted the entry of passenger and cargo vehicles from neighboring countries to once a day in an effort to curb illegal fuel exports, as Russian citizens seek cheaper gasoline amid a deepening fuel crisis. Deputy Energy Minister Kayirkhan…...
Russia’s Small Businesses Pay The Price of Spiralling Ukraine War
2+ mon, 1+ week ago (666+ words) In brief: Closed shops and “for rent” signs in a Moscow suburb show pressure on Russia’s small businesses as war spending, inflation, and higher taxes rise. Owners say fewer customers and higher costs are forcing them to cut back, go…...
Russian Economy 'in Dead End' as War Costs Devour Budget
2+ mon, 2+ week ago (783+ words) The Russian economy has effectively reached a standstill, with Moscow financing its war against Ukraine by draining domestic resources and sacrificing the civilian sector, Ukraine’s presidential representative on sanctions policy, Vladyslav Vlasyuk, told Kyiv Post on Friday. Vlasyuk said the…...