Ukraine

Ukraine's meat and egg prices soared in February

Ukraine reported an increase in prices for eggs by 50.9% in February this year compared to the corresponding period from 2017, while meat prices rose by 26.6%, according to the latest data released by the State Statistics Service of Ukraine, as reported by UNIAN.

Posted on Mar 14 ,14:21

Ukraine's meat and egg prices soared in February

 

Still. the cost for eggs and meat decreased in February compared to the previous month, by 1.6% and 0.3% respectively.

As reported by UNIAN, inflation in Ukraine in February 2018 compared to February 2017 slowed to 14% from 14.11%. The National Bank predicts a decrease in inflation in Ukraine at the end of 2018 to 8.9%, which almost corresponds to the government's forecast at 9%.

The State Statistics Service also said that meat production (live weight) in January amounted to 300,000 tons, which is 0.4% more compared to the similar period in 2017.
Ukraine's egg production also increased by 2.5%, to 1.081 billion units.

Furthermore, Ukraine's exports of meat products increased by 37% in 2017 compared to the previous year, reaching 531.3 million dollars, according to a statement made by the deputy director of the National Research Center of the Institute of Agrarian Economics Nikolai Pugachev, as reported by Segodnya.ua.

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