Retail trade turnover in Ukraine up 10.2% y/y in Jan-Aug.

By bne IntelliNews September 16, 2013

In Jan-Aug, the retail trade turnover in Ukraine rose by 10.2% y/y and reached UAH 559.5bn (USD 69.9bn), the State Statistics Service has announced.

The largest volumes of retail trade turnover were registered in Kyiv-UAH 72.6bn. The largest growth rate of retail sales was registered in Volyn region-up by 14.2% y/y to UAH 11.2bn, Sevastopol-up by 12.5% y/y to UAH 6.7bn and Kyiv region-up by 12.3% y/y to UAH 22.4bn.

The lowest rates of retail sales were seen in Lviv region-up by 6.2% y/y to UAH 24.6bn, Dnipropetrovsk region-up by 6.5% y/y to UAH 42.7bn and Ternopil region-up by 6.6% y/y to UAH 8.7bn.

In H1, the retail trade turnover in Ukraine rose by 11.2% y/y and reached UAH 397.6bn (USD 50bn). In 2012, retail trade turnover rose by 15.9% y/y to UAH 804.3bn.

Retail trade is one of the main sources of state budget revenues. As data from the State Statistics shows, the state budget receives almost the same amount of funds from the retail trade as from mining industry.

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