Ukraine. State price regulation becoming history

02.02.2017

A pilot project was in effect in Ukraine from October - December 2016 under which the government “let go” prices for socially sensitive goods. As a reminder, a regulation had been in force since as early as 2007 that made it mandatory to declare price raises for all socially sensitive foods by more than 1% a month, i.e. the producers were obliged to receive permit for changing the price. The government resolution No. 656 of September 22, 2016 suspended this regulation for the period from October 1, 2016 till January 1, 2017.

Getting back on topic of retail trade in fat-and-oil products, UkrAgroConsult analyzes the behavior sunoil prices in this period. We’d like to point out at once that retail sunoil prices were relatively stable throughout the three months.

Full version of the article is available to subscribers for weekly market report “Black Sea Vegoils & CIS” and “Online market review” by UkrAgroConsult.

 

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