Saturday, 19 April, 2014,01:24
Русская версия Українська версія for-ua.com English version
ForUm - самое цитируемое Интернет-издание. Главные новости Украины и мира. Home| News| One-line news| Articles| Interview| Gallery| Comments| Forum| Archive| Service| Search| About us
News / 24 December 2013 | 10:53
Retail turnover continues growing in Ukraine

Retail turnover continues growing in Ukraine


Ukraines State Statistics Service has disclosed data on retail trade turnover from January to November 2013. According to the agency, retail trade turnover totaled 793.7 billion UAH, which is up 9.2% YOY. In the 11 months of 2012, the retail turnover grew by 15.7% YOY. Specifically, restaurant industry (including turnover of individual entrepreneurs) totaled 22 billion UAH  (up 1.1% YOY), the Information-Analytical  Bulletin of the Cabinet of Ministers informs.

According to economic analysts, these statistics reflect positive trends in the Ukrainian economy. The growth of retail turnover reflects growth of real income of population. Analysts say that such a significant increase partly reflects a deshadowing of retailers. Its growing share falls under the organized points of sales. The population has grown accustomed to purchasing goods in the trade networks where quality and shelf life are controlled much better than in the informal or semi-formal retail establishments. Customers might get a better deal, but they most definitely might loose on quality.

Also, analysts note that foods account for about 40% of total retail turnover. At year end 2012, the share of foods sold in retail chains is 37.1%.

Experts note that in general, the population trusts goods produced domestically. At year end 2012, over 85% of retail foods, were of Ukrainian origin. According to analysts, this is a fairly high level, which indicates the country's food security.

ForUm
Версия для печати
Speaker meeting heads of diplomatic missions of EU countries
On February 3 in Kyiv, speaker of Ukrainian parliament Volodymyr Rybak held a meeting with heads of diplomatic missions of EU countries, accredited in Ukraine
Rada coordination board sitting
On February 3 in Kyiv, the coordination board of heads of parliamentary factions and committees held a sitting
NBU issuing commemorative coins dedicated to Olympic games
On February 3, the National Bank of Ukraine put into circulation two commemorative coins "XXII winter Olympic games" of value 10 and 2 hryvnias
Azarov saying good-bye to the Cabinet
On January 29, now acting Prime Minister Mykola Azarov and first vice PM Serhiy Arbuzov presided at a sitting of the acting Cabinet
VR holding extraordinary sitting
On January 28 the Verkhovna Rada of Ukraine held an extraordinary sitting
Protesters occupied Ukrainian House
On the night of January 25/26 protesters occupied the  building of the Ukrainian House in Yevropeiska square, previously vacated by law enforcements
09:49 February 6-7, Ukrainian President Viktor Yanukovych pays working visit to the Russian Federation

4 February 2014
14:57 Skier Valentyna Shevchenko will bear Ukrainian flag at the opening of Olympic Games in Sochi
14:15 Rivne Regional Council chairman Yuri Kichatyi voluntarily resigned 

Read all news →
Top    
Editorial staff:english@for-ua.com
Republication or redistribution of ForUm content, including by framing or similar means,
is allowed with the reference to en.for-ua.com only.
All rights are reserved by © LTD. Inter-Media, ForUm 2001-2014
bigmir)net TOP 100