Ukraine’s economy shrank -0.5% in the first quarter of 2026 compared to the same period a year earlier, according to a flash real GDP estimate published by the State Statistics Service of Ukraine on May 5. Russian bombardment of energy infrastructure has begun showing up in baseline economic figures, dragging output into modest negative territory. JOIN US ON TELEGRAM Follow our coverage of the war on the @Kyivpost_official . On a seasonally adjusted quarter-on-quarter basis, real GDP fell 0.7%