Ukraine's Economy Shrinks Sharply as Russian Strikes Hit Growth
Part of composite article Drones Rain Death on Kherson, Ukraine Strikes Moscow as 23 Russian Air-Defense Systems Go Up in Flames View full article →
Ukraine’s economy recorded its steepest contraction since the country began recovering from the initial shock of war, driven by intensified Russian strikes.
The attacks have disrupted key industries and infrastructure, forcing forecasters to slash their growth expectations for the year to nearly zero. The downturn marks a major setback after months of gradual economic stabilization.
Analysts warn that continued strikes could deepen the contraction, threatening the fragile recovery that had begun in previous quarters.