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.
 

Ukrinform