Monday, June 30
Retail trade grew by 6.8% in January-February y-o-y.
Monday, March 25, 2019
Retail trade grew by 6.8% in January-February y-o-y. Adjusted for inflation, the high growth areas were: Zakarpattia +15%; Kyiv +14%; Vinnytsia +10%: and Lviv +9.5%. With real salaries up 9.5%, election season pension hikes, and continued wage remittances, analysts predict that retail sales will be up 6-7% this year. Dragon Capital calls household consumption “the major driver of 2019E GDP growth of 2.5%.”
