Monday, September 20, 2010

Ukrainian household spent 58 percent on food

In 1st quarter of 2010 Ukrainian household spent 58 percent on food, 33 percent on other goods and services.

Very sad numbers: 1.5 percent of total consumption was spent on entertainment and culture, 1.6 percent spent on eating out. There is no life for Ukrainian households.

2 comments:

Tom said...

I dont agree with the conclusion - Id say Ukrainian households can make life interesting without paid entertainment or eating in restaurants - for example, you buy food and have a shaslyk party!

Unknown said...

It seems to be about right. Ukrainians spend large share of their income on food and necessities. The governemtn continues to raise fees for utilities: gas, electricity, and water. The government inept regulation of food markets raises food prices. The government raises taxes (e.g. new Tax Code). All together take a huge toll on a consumer income of average Ukrainian.
Shashlik (kebab), however, is a good example of mixing food and entertainment that substitutes eating out in restaurant. Average Ukrainian cannot afford eating out a lot or at all. Can average Ukrainian afford the shashlik anymore?