Ukraine sees 11% rise in average prices of farm produce in Q1 2017

Ukraine's agricultural enterprises in January-March 2017 raised average sale prices by 11% year-over-year (y-o-y), according to the Ukrainian State Statistics Service.

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Over the period under review, prices of crops increased by 8.2%, while those of livestock produce grew by 23.2%, the report said.

Prices of farm produce were 1.6% up in March 2017 from February 2017. In particular, crops went up in price by 3.1%, while livestock produce decreased in price by 5.2%.

Read alsoUkrainian businesses expect revival of commercial activity – NBU studyAverage prices of farm produce in March 2017 rose by 11.1% y-o-y, namely prices of crops grew by 8.6%, while those of livestock products rose by 26.1%.

As UNIAN reported earlier, the average sale prices of farm produce in Ukraine increased by 9% in 2016 against 2015. Crops went up in price by 16.3% in 2016, while prices of livestock products increased by 1.7%.

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