Regular monthly report of Raiffeisen Research showed cautious optimism about the prospects for Ukrainian economy

Kiev. 29 Jan. — receive the next tranche of the International monetary Fund, which according to analysts is quite real until the end of February, will be a positive factor for the economy of Ukraine. This opinion was expressed by the employees of Raiffeisen Research, the analytical unit of Raiffeisen Bank International (RBI), in its traditional monthly economic review released today.

Among the other positive signs of the authors of the report called the growth in December retail sales in comparable prices for the third month in a row. According to analysts, this may indicate that the sharp drop in this indicator, which occurred in September, remained in the past.

According to forecasts Raiffeіsen Research, in 2016 in Ukraine will happen in the inhibition of growth of consumer prices and producer prices, which will be based on the relative stability of the foreign exchange market, abolition of additional import duties and low comparative base.

as for the banking system, in December observers noted the increase in retail deposits in national currency 7.2% (0.7% in November) and the decrease of deposits in foreign currency by 4.8% (in November by 2.2%). Analysts predict a gradual recovery of credit activity in the second half of 2016, which may be based on a significant deceleration of inflation and the decrease in the discount rate of the regulator.

With the full version of the monthly economic review, Raiffeisen Research can be found in the «Monthly economic review”.