Business news from Ukraine

DYNAMICS OF CHANGES IN POPULATION OF UKRAINE FROM 1991 TO 2019

Dynamics of changes in population of ukraine from 1991 to 2019

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WEEKLY CHANGES IN RETAIL PRICE FOR OIL PRODUCTS IN UKRAINE

Average retail prices for petrol and diesel fuel in Ukraine from July 29 to August 5 remained at the level of the previous week, while prices of LPG decreased by 3.24%.
Changes in average retail fuel prices UAH per liter in Ukraine:

©Source: A-95 Consulting Company

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MOST IMPORTANT CHANGES TO CONSTITUTION OF UKRAINE SHOULD BE MADE WITHIN COMING YEAR – PRESIDENT’S REPRESENTATIVE IN PARLIAMENT

Representative of President of Ukraine Volodymyr Zelensky in the Verkhovna Rada Ruslan Stefanchuk has said that the most important and urgent changes to the Constitution of Ukraine must be made within coming year. “I think that the most important things should be made in the first year, because this first year we, first, have a lot of support from the people of Ukraine. Secondly, having the worked out mechanisms, we have the opportunity of passing them through the Verkhovna Rada. And, thirdly, we have the opportunity of monitoring how they achieved their goal,” he said in an exclusive interview with Interfax-Ukraine.
Stefanchuk said that the analysis of all recent changes to the Constitution showed that about 20 or even more articles do not have a definitive version. “Today we have come to a situation where we do not have the only true legally interpreted text of the Constitution. This is the result of not thoughtful, not verified and not planned work of the Verkhovna Rada, which today has led to the fact that the state, celebrating Constitution Day, has no single unified text of the Constitution,” he said.
The presidential representative in the Rada also considers it wrong that any reform of the Constitution concerned a change in public authorities, but a question of guarantees of human and civil rights had no standing in the country.
Stefanchuk said that it is necessary to conduct a “functional audit of the state” and clearly define which institution is responsible for what.
The representative of Zelensky in parliament said that the possibility of adopting a new Constitution is still a matter of discussion, and there are different approaches.

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EXPERT PREDICTS CHANGES OF FOCUS IN STRUCTURE OF GRAIN

UkrAgroConsult in the current year expects a recovery in barley production, an increase in wheat production and a slight decrease in corn production.
“In 2019, the focus will probably change. We expect recovery in barley production, growth in the wheat harvest and, most likely, some decline in corn production. But the overall supply of grain from Ukraine will remain in a growing trend, Ukraine will remain a strong player in the global agricultural market,” founder and CEO of UkrAgroConsult Serhiy Feofilov said.
According to him, four seasons in a row Ukraine has been collecting record grain yields. After a slight decrease in harvest in 2017, the gross grain harvest showed a record high again.
“Of course, if to exclude weather disasters, there is every chance to further increase production. Technologies do not stand still and help reduce the risks of farmers,” he said.
The director general said that the record high harvest revealed weak points in Ukrainian logistics, which in the conditions of the record harvest could not cope with the efficient transportation of grain to elevators and ports. The second “problem area” was insufficient storage capacity, especially in the midst of harvesting a record harvest of corn and sunflower.

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WEEKLY CHANGES IN RETAIL FUEL PRICES IN UKRAINE

Average retail prices for petrol, diesel fuel and autogas in Ukraine in the period from June 4 to June 11, 2018 slightly decreased – by 0.5%, according to data from A-95 Consulting Group (Kyiv).
As reported, average retail prices for fuel in Ukraine in 2017 increased by 19.2-20.1%, or by UAH 4.61-4.76 per liter, diesel fuel by 22.6%, or by UAH 4.84/liter. At the same time, average prices for liquefied petroleum gas (LPG), despite a sharp increase in August due to a deficit, showed an increase of a mere 2.9%, or UAH 0.36 per liter.

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