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.
Related Articles
Ukrainian banks post record growth in hryvnia business lending
Ukraine’s banking sector recorded a historic increase in hryvnia-denominated commercial lending in April, driven largely by financing for the defence industry, energy projects and agriculture, ... more
EIB plans €80mn investment in Ukraine-focused Amber Dragon fund
The European Investment Bank plans to invest €80mn in the Amber Dragon European Fund for Ukraine, a flagship reconstruction and private-sector investment vehicle targeting infrastructure and ... more
Ukraine secures financing for wartime energy storage and bioenergy projects
Ukraine has secured financing for a major energy storage facility backed by international insurance coverage, while plans are advancing for a new bioenergy complex in the country’s west, as Kyiv ... more