Ukraine agricultural production cost rises almost 14% in 2016

The total cost of production of crop products grew by 10.6% and livestock production - by 20.9%. The costs of material and technical resources of industrial origin used in agricultural production increased by 4.2% in 2016, the State Statistics Service reports.

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At the same time, the cost of agricultural production increased by 2.3% in December 2016 from November 2016. The costs of production of plant products increased by 2.4% and animal products by 1.9% in December 2016. The farmers also reported the increased cost of material and technical resources of industrial origin by 1.8%.

Read alsoFourteen Ukrainian dairies have licenses to export products to EUThe State Statistics Service noted that the data are provided excluding the occupied territory of Crimea and part of the Anti-Terrorist Operation zone.

As UNIAN reported earlier, the cost of agricultural production in Ukraine in 2015 soared by 50.9% from 2014.

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