In its new video, the Expert Club YouTube channel reviewed the macroeconomic situation in Ukraine in the 6th month of the war, and also analyzed the July IMF report on the global economic outlook in 2022 and 2023.
As we wrote earlier, the state authorities of Ukraine have temporarily suspended the publication of most statistical information for the period of martial law and for three months from the moment it ends. The exception is the publication of data on the consumer price index, separate information on indicators of foreign trade in goods, etc.
Thus, from the data published by the State Employment Center, it follows that the number of registered unemployed in Ukraine is approximately at the level of last year, while the number of available vacancies has sharply decreased.
This, according to the founder of the Club of Experts Maksim Urakin, has led to the fact that now about 12-13 unemployed people apply for one vacancy.
“The estimate of the unemployment rate by the National Bank in the second quarter of 2022 is 35% according to the methodology of the International Labor Organization,” Maksim Urakin added.
In addition, according to Urakin, the current forecast for Ukraine’s GDP growth in 2023-2024, published by the National Bank, is based primarily on expectations of an increase in international support for Ukraine and the implementation of programs to restore war-damaged infrastructure.
On the situation in the global economy, the Club of Experts analyzed the report of the International Monetary Fund, published in July. In particular, there is a possible recession in the US economy. a slowdown in GDP growth in China and India, as well as a deterioration in the situation in the euro area, provoked by rising energy prices.
See this and much more in a new video on the YouTube channel “Experts Club” at the link:
CLUB OF EXPERTS, ECONOMIC_UKRAINE, MACROECONOMICS, STATISTICS, URAKIN, ВІДЕО
The turnover of retail trade in Ukraine in November 2021 compared to the same month in 2020 in comparable prices increased by 5.8%, while in October the growth was 5.7%, the State Statistics Service reported.
According to its data, in November compared to October 2021, retail turnover increased by 0.1%.
In January-November 2021, compared to January-November 2020, the retail trade turnover increased by 11.2%, to UAH 1.29 trillion.
The largest growth in retail trade turnover of enterprises (legal entities and individual entrepreneurs) for the 11 months of 2021 compared to the same period in 2020 was recorded in Chernivtsi (by 27.6%), Ternopil (by 24.4%), Zakarpattia (by 20.3%), Vinnytsia (by 19%), Lviv (by 18.1%), Poltava (by 17.5%), Rivne (by 15.3%), Cherkasy (by 13.3%), Khmelnytsky (by 13%), Odesa (12.6%), Ivano-Frankivsk and Chernihiv (12.4%), Kyiv (12%), Mykolaiv (11.5%) regions.
According to the statistics department, the leaders in absolute indicators of the volume of retail trade in 11 months ending November 30, 2021 were: Kyiv city (UAH 248.785 billion), Dnipropetrovsk (UAH 118.223 billion), Kyiv (UAH 108.185 billion), Odesa (UAH 95.664 billion), Kharkiv (UAH 87.153 billion) and Lviv (UAH 79.974 billion) regions.
The State Statistics Service said that the turnover of retail enterprises (legal entities) in November 2021 compared to November 2020 grew by 6.4%, compared with October 2021 – by 0.1%, amounting to UAH 92.464 billion.
At the same time, in January-November this year, the retail trade turnover of enterprises increased by 11.4% (compared to January-November last year), to UAH 933.435 billion.
The wholesale turnover of enterprises (legal entities) in January-November 2021 compared to the same period in 2020 fell by 7% and amounted to UAH 3.006 trillion.
The State Statistics Service reminds that the data are given without taking into account the temporarily occupied territories of the Autonomous Republic of Crimea, the city of Sevastopol, part of Donetsk and Luhansk regions.
Passengers carried in Jan-August of 2021, in mln
The statistics on COVID-19 incidence gives no reason to hope that Ukraine will remain in the green zone for the European Union, Head of the Parliament Committee on Public Health, Medical Assistance and Medical Insurance Mykhailo Radutsky says.
“Ukraine is already in the red zone for the United States and Switzerland. The EU has given a delay of one week, most likely the EU will place us in the red zone. Unfortunately, statistics does not give us hope that we will remain in the green zone,” he said on the sidelines of Savik Shuster’s Freedom of Speech (Svoboda Slova) talk show on Friday night.
“We will wait for the next meeting of the European Commission,” Radutsky said.
The volume of sales of companies operating in the service sector of Ukraine in the fourth quarter of 2020 amounted to UAH 264.2 billion, which in comparable prices was 10.4% higher than the level of the fourth quarter of 2019, the State Statistics Service has said.
According to the report, the volume of services provided to the population amounted to 17.4% of the total volume of services provided in the country (UAH 46.05 billion).
The State Statistics Service reminded that in the fourth quarter of 2020 the volume of service provided by companies grew by 10.9% compared with the previous quarter.
