Ukraine sees 8.4% rise in retail trade in 2020

REUTERS

Retail trade in Ukraine grew by 8.4% in comparable prices in 2020 against 2019.

Read alsoCabinet settles issue of minimum prices of wine products – economy ministryRetail turnover increased most in Kyiv region (by 18.7%), Zaporizhia region (by 15.7%), and Chernihiv region (by 14.2%), according to the Ukrainian State Statistics Service.

Meanwhile, the turnover dropped by 2.7% only in Zakarpattia region, the report said.

Retail trade in December 2020 alone rose by 20% against November 2020, while it grew by 13.4% from December 2019.

Background

Retail trade in Ukraine increased by 10.5% in 2019 from 2018.