OREANDA-NEWS.  September 21, 2012. According to the State Statistics Committee, for eight months of this year, GDP growth makes 1.5 percent. That was reported by Prime Minister Mykola Azarov at a Cabinet meeting.

"Given the range of negative external and internal factors, recession in major European countries and consequently curtailing of commodity markets and capital markets - is a positive result," Mykola Azarov said. He also stressed that the pressure on the economy is being exerted because of the extremely expensive energy carriers and the need to repay debts.

The Prime Minister announced that production of extracting industry is steadily increasing (+3.2%), the retail continues to show high dynamics, trade turnover of which increased by 16%.