Ukraine sees retail trade grow by 8.7% in 8 months

The agency has not provided statistics in monetary terms before.

At the same time, last year the agency reported that in January-August 2016 retail turnover amounted to UAH 731.6 billion ($28 billion), which was UAH 226 billion ($8.6 billion) up against 2017.

Read alsoUnemployment in Ukraine declines by 12% as of Sep 1According 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.

Retail turnover over the period under review increased most in Zakarpattia region (by 23.3%, to UAH 11.6 billion), Vinnytsia region (by 18.1%, to UAH 13 billion), Odesa region (by 13.5%, to UAH 39.5 billion), Lviv region (by 11.8%, to UAH 31.95 billion), Mykolaiv region (by 11.3%, to UAH 11.87 billion), and Sumy region (by 10.3%, to UAH 10.12 billion).

Read alsoUkraine sees retail trade grow by 8% in 7 monthsThe growth of retail trade in January-August 2017 slowed most in Volyn region (by 7.1%, to UAH 9.49 billion).

Retail trade in August 2017 alone rose by 9.8% y-o-y.

Turnover of enterprises involved in retail trade in January-August 2017 was estimated at UAH 365.4 billion, or $14 billion, which was 8.5% up y-o-y.

Read alsoShare of public sector in Ukraine's economy over 16% in Q1 2017 – ministryAs UNIAN reported earlier, retail trade in Ukraine increased by 8% in January-July 2017 y-o-y (in comparable prices), to UAH 443.824 billion, or $17 billion.

In 2016, retail trade in Ukraine rose by 3.7% from 2015 (in comparable prices), to UAH 1.159 trillion, or $44.4 billion, according to the State Statistics Service.