Ukrainians' incomes fall by 4.5% in Q2 – stats

REUTERS

Incomes of Ukrainian households in the second quarter of 2020 (Q2) decreased by 4.5% year-over-year (y-o-y), to UAH 867.5 billion (US$30.6 billion).

"Disposable income was UAH 15,566 [US$550] per capita, which was 4.7% down y-o-y," the State Statistics Service said.

Ukrainians' spending over the period under review fell by 6.9%, to UAH 865.6 billion (US$30.6 billion).

Read alsoUkraine sees no banking crisis amid economic recession – NBUBackground

• Ukrainian households' incomes in the first quarter of 2020 (Q1) increased by 7.3% y-o-y, to UAH 874.4 billion (US$30.9 billion).
• Ukrainians' spending in Q1 grew by 8.6%, to UAH 935.5 billion (US$33 billion).