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Retail sales in Ukraine advance 10% yoy in 9M19

Retail sales in Ukraine advance 10% yoy in 9M19

22 October 2019

Retail sales advanced 9.8% yoy in real terms in 9M19,
slowing from 9.9% yoy in 8M19, Ukraine’s State Statistics Service reported on
Oct. 21.

 

In September, retail increased 8.9% yoy and declined
3.3% m/m in real terms.

 

Regionally, the highest retail growth in 9M19 occurred
in the Vinnytsia (17.6% yoy), Ternopil (16.9% yoy) and Kyiv (15.7% yoy)
regions. It was slowest in the Chernivtsi (-1.4% yoy), Chernihiv (1.0% yoy),
and Zakarpattia (1.4% yoy) regions.

 

Evgeniya Akhtyrko: Apparently, seasonal price growth in September resulted in slower growth of retail sales in real
terms. We expect real retail to increase 8-9% yoy in 2019 (vs. 5.8% yoy in
2018).

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