Business news from Ukraine

FOREIGN TRADE TURNOVER BY THE MOST IMPORTANT POSITIONS IN JAN-SEPT 2020 (EXPORT)

Foreign trade turnover by the most important positions in Jan-Sept 2020 (export).

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FOREIGN TRADE TURNOVER BY THE MOST IMPORTANT POSITIONS IN JAN-AUG 2020 (EXPORT)

Foreign trade turnover by the most important positions in Jan-Aug 2020 (export).

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RETAIL TURNOVER IN UKRAINE BY REGIONS IN JAN-JUNE 2020 (UAH MLN)

Retail turnover in Ukraine by regions in jan-June 2020 (UAH Mln)

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COMMODITY TURNOVER IN MAIN RETAIL SEGMENTS IN UKRAINE RETURNS TO PRE-CRISIS LEVEL – OPINION

Commodity turnover in the main retail segments returned to the pre-crisis level according to the results of May 2020, almost reaching the February figures, according to the analysis of the number and volume of payments by credit cards in the network of POS terminals of PrivatBank (Kyiv) in January-May 2020, published by the bank’s press service on Monday.
“Food retail is currently getting out the lockdown without losses. According to the analysis of the volume of payments made by cards in the bank’s retail network of terminals, in March and April 2020, non-cash turnover in food chain stores increased by 25% compared to February. In May, non-cash turnover in the food networks was 23% higher than in February,” the bank said.
Non-cash turnover in the network of pharmacies and medical goods stores increased most of all in the first months of lockdown, in particular, in March compared with February it increased by 30%. At the same time, in May non-cash turnover in the pharmacy chains fell by 18% compared to February.
According to the analysis, the most significant during the lockdown was the reduction of cashless turnover in the electronics and home appliances market, which in March amounted to 10% compared to February, and in April reached 43%. In May, the turnover in this sector returned to the pre-crisis level.
According to PrivatBank, by the end of May, the turnover in filling station chains also returned to the pre-lockdown level after sales fell by 20% in April compared to February.

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UKRAINIAN PRESIDENT SIGNS BILL ON FARMLAND TURNOVER INTO LAW

Ukrainian President Volodymyr Zelensky has signed into law a bill amending a number of Ukrainian legislative acts on the conditions for the turnover of farmland, which the Verkhovna Rada passed on March 31, 2020.
“The document provides for the formation of a legislative framework for introducing market-based turnover of farmland. The law signed by the president will empower citizens to exercise their constitutional rights to freely dispose their property and will provide for transparent terms for acquiring ownership of agricultural plots of land by citizens of Ukraine,” the president’s press service said on Tuesday.

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RETAIL GOODS TURNOVER IN UKRAINE IN MARCH SLOWES TO 6.1% YEAR-OVER-YEAR IN COMPARABLE PRICES

Retail goods turnover in Ukraine in March 2020 slowed to 6.1% year-over-year in comparable prices, the State Statistics Service has reported.
In January-March 2020 compared with January-March 2019, retail trade turnover decreased 10.6%, while in March 2020 compared to February 2020 it increased by 4.4%.
The largest increase in the retail turnover of enterprises (legal entities and private entrepreneurs) in March 2020 compared with March 2019 was recorded in Kyiv (by 15.3%), Dnipropetrovsk (by 15%), Kharkiv (by 14.9%), Zaporizhia (by 14.8%), Kirovohrad (by 13.9%), Poltava (by 12.8%), Volyn (by 12.6%) and Odesa (by 12.4%) regions.

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