Business news from Ukraine

Average retail prices for petrol and diesel fuel IN UKRAINE UAH 2.1/LITER UP

30 January , 2018  

Average retail prices for petrol and diesel fuel in Ukraine in the period from December 29, 2017 to January 29, 2018 grew by 7.1-8.2% (by UAH 2.1 per liter), for LPG by 3.1% (by UAH 0.4/liter), according to data from A-95 Consulting Group (Kyiv).
Last week, from January 22 to January 29, 2018 average retail prices rose by 2.1-2.7%, while those for LPG by 0.9%.
Earlier A-95 Consulting Group Director Serhiy Kuyun noted that the increase in prices for petroleum products in Ukraine is associated with the increase in oil prices in the world and the depreciation of the hryvnia exchange rate, since fuel excises are euro-denominated.
As reported, average retail prices for petrol in Ukraine for 2017 increased by 19.2-20.1% (by UAH 4.61-4.76/liter), for diesel fuel by 22.6% (by UAH 4.84/liter). At the same time, average prices for liquefied petroleum gas, despite a sharp increase in August due to a deficit, showed an increase of a mere 2.9% for the year (by UAH 0.36/liter).