Retail Sales in Ukraine
Ukraine - Retail Sales
Growth likely decelerated further in the fourth quarter of last year, after slowing in the third quarter on easing private consumption. Industrial production plummeted in Q4, bruising merchandise export growth and likely taking its toll on fixed investment; however, solid construction activity and cheaper financing conditions likely cushioned the slowdown. On the upside, upbeat retail sales in Q4, amid the lowest inflation in nearly six years, suggest that household spending gathered momentum at year-end. Meanwhile, in the political arena, Parliament backed a preliminary reading of a bill on 4 February, which reduces the legislature by a third to 300 seats and eliminates single-seat constituencies, often used by tycoons to gain political leverage. The overhaul still requires approval from the Constitutional Court before two more votes in Parliament.Ukraine - Retail Sales Data
| 2014 | 2015 | 2016 | 2017 | 2018 | |
|---|---|---|---|---|---|
| Retail Sales (annual variation in %) | -9.8 | -21.0 | 4.4 | 8.6 | 5.6 |
Ukraine Retail Sales Chart
Source: State Statistics Committee of Ukraine (Ukrstat) and FocusEconomics calculations.
Ukraine Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 19.00 | 0.0 % | Jul 27 |
| Exchange Rate | 23.70 | 0.30 % | Jan 01 |
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Economic News
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Ukraine: Inflation falls to near six-year low in January
February 13, 2020
Consumer prices rose 0.2% month-on-month in January, contrasting December’s 0.2% fall.
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Ukraine: NBU axes key policy rate to near-six-year low in January
January 30, 2020
At its 30 January meeting, the National Bank of Ukraine (NBU) decided to cut the key policy rate to 11.00% from 13.50%.
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Ukraine: Industrial output sinks to over four-year low in December
January 28, 2020
Industrial production plunged 7.7% over the same month last year in December, marking the worst reading since July 2015.
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Ukraine: Ukraine nears new IMF deal, boding well for the economic outlook
January 13, 2020
On 7 December, Ukraine and the IMF announced a three-year USD 5.5 billion arrangement under the Extended Fund Facility (EFF), which, if approved by the lender’s Executive Board, would represent the third support package by the Fund since the 2014 recession.
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Ukraine: Inflation falls to over five-year low in December
January 9, 2020
Consumer prices decreased 0.2% month-on-month in December, contrasting November’s 0.1% increase.
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