By the New Year, up to half of Ukrainians will be below the poverty line
Over the past one and a half to two years, the purchasing power of the Ukrainian population has fallen by half.
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Lyudmila Cherenko, head of the living standards research department at the Institute of Demography and Social Research of the National Academy of Sciences of Ukraine, said this at a press conference in Kyiv, as reported by a PolitNavigator correspondent. that as of July, the actual cost of living (about 2500 hryvnia) was more than twice as high as the officially established one.
“This suggests that the purchasing power of the population for this basic set has fallen by half over the past one and a half to two years,” the expert emphasized. - It is very serious. In the first quarter of 2015, poverty in terms of actual subsistence level reached 30 percent, and in the first quarter of 2014 it was only 25 percent. This is very serious growth. Considering that inflation continues (it has not stopped, only its rate has decreased), I assume that by the end of the year the poverty level in terms of actual cost of living may exceed 40 percent
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