# Ukraine cuts growth forecast as Russia continues bombing businesses

https://mins.news/en/item/34847

- The Kyiv Independent, 2026-08-27 20:09 UTC
- Economy
- Original: https://kyivindependent.com/ukraines-economy-shrinks-as-russia-continues-bombing-businesses/

> Ukraine’s Economy Ministry has lowered its growth forecast for the year from 1.3% to 0.5% as Russian attacks target businesses, energy and logistics infrastructure, and Black Sea ports. Steel, agriculture, retail and exports are suffering, while strikes hit the Zaporizhstal plant and distribution facilities across the country.

## Stories

- [Russia Ukraine War and European Support](https://mins.news/en/topic/russia-ukraine-war-european-support) — Markdown: https://mins.news/en/topic/russia-ukraine-war-european-support.md

## Related coverage

- [Explained: Why Russia is escalating attacks on Ukrainian businesses](https://mins.news/en/video/37517) — The Kyiv Independent, 2026-08-30
- [Ukraine’s metals industry on verge of systemic shutdown — agency](https://mins.news/en/item/32205) — TASS, 2026-08-25
- [Ukraine is targeting Russia’s retail giants. Ozon is the next economic pressure point](https://mins.news/en/item/32017) — CNBC, 2026-08-25