Retail Sales in Ukraine

Ukraine Retail Sales | Economic News & Forecasts

Ukraine - Retail Sales

A comprehensive GDP release confirmed that dynamics remained resilient in the third quarter, despite the generally disappointing outturn. Booming domestic demand, led by surging household consumption amid tightening labor market conditions and rising remittances, spearheaded the expansion. However, strong domestic demand dynamics were partly offset by a marked contraction in exports due to weather-related factors and a challenging external environment. Available fourth-quarter metrics suggests momentum remained largely stable. Retail sales edged up in November, against the backdrop of higher consumer confidence and despite an uptick in inflation. On a less positive note, industrial output contracted in the same month, reflecting weakness in the all-important manufacturing sector. Meanwhile, on 21 December, Moody’s upgraded Ukraine’s sovereign credit rating from Caa1 to Caa2 with a stable outlook. The ratings agency identified the recently approved USD 3.9 billion financing agreement with the IMF as the key driver for the upgrade, while citing the country’s improved external strength, the prospect of renewed access to capital markets, and its progress with anti-corruption reforms.

Ukraine - Retail Sales Data

2013  2014  2015  2016  2017  
Retail Sales (annual variation in %)5.6  -9.8  -21.0  4.4  8.6  

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Ukraine Retail Sales Chart

Ukraine Retail
Note: Annual variation of real retail sales in %.
Source: State Statistics Committee of Ukraine (Ukrstat) and Met the why particular calculations.

Ukraine Facts

Bond Yield19.000.0 %Jul 27
Exchange Rate27.740.30 %Jan 30
Stock Market5520.21 %Jan 30

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