Ukraine sees retail trade grow by 9.6% in Jan

Retail trade in Ukraine grew by 9.6% in January 2018 year-over-year (in comparable prices), to UAH 68.828 billion.

However, the Ukrainian State Statistics Service has not provided statistics in monetary terms before.

At the same time, last year the agency reported that in January 2016 retail turnover amounted to UAH 52.9 million, which was 23% less against 2018.

According to the statistics service, comparing data from the relevant periods of the previous year would not be correct, as the calculation methodology has changed since the beginning of 2017.

Read alsoUkraine sees retail trade grow by 8.8% in 2017, to over $28 blnRetail turnover over the period under review increased most in Zakarpattia region (by 21.8%, to UAH 1.77 billion), Sumy region (by 13.9%, to UAH 1.445 billion), Cherkasy region (by 13.8%, to UAH 1.668 billion), Chernihiv region (by 12.4%, to UAH 1.359 billion), Mykolaiv region (by 12.1%, to UAH 1.629 billion), and Vinnytsia region (by 12%, to UAH 1.889 billion).

The growth of retail trade in 2017 slowed most in Rivne region (by 3.6%, to UAH 1.212 billion). At the same time, no decline was recorded in any region.

Turnover of enterprises involved in retail trade in January 2018 was estimated at UAH 49.468 billion, which was 9.5% y-o-y.

As UNIAN reported earlier, retail trade in Ukraine grew by 8.8% in 2017 against 2016 (in comparable prices), to UAH 816.553 billion.