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. Last Updated: 07/27/2016

Ukraine GDP Falls 7%

Ukraine’s economy shrank 7 percent last quarter, the smallest decline of the year, after a revival of exports helped boost industrial production.

The annual contraction compares with a 15.9 percent slump in the third quarter, 17.8 percent in the second quarter and 20.3 percent of the first three months of 2009, the state statistics committee said Monday, without providing a breakdown of the data.