Business news from Ukraine

COSTS OF AGRICULTURAL PRODUCTION IN UKRAINE IN JAN-FEB DECREASES BY 7.2%

1 April , 2020  

The costs of agricultural production in Ukraine in January-February 2020 decreased by 7.2% compared to the same period in 2019.
According to the State Statistics Service, the cost of producing crops in January-February fell by 7.8%, livestock products by 6.8%, material and technical resources of industrial origin used in agriculture by 8.4%
At the same time, according to the State Statistics Service, the cost of agricultural production in February compared to the previous month increased by 0.2%. Thus, the costs of crop production decreased 1%, livestock production increased 3.2%, and material and technical resources decreased 1.9%.
As reported, the cost of agricultural production in Ukraine in 2019 decreased by 0.64% compared to 2018.