In Ukraine, price increases under the Maidanists turned out to be the highest in 20 years

Igor Petrov.  
20.04.2017 08:49
  (Moscow time), Kyiv
Views: 1581
 
Ukraine, Economics of Collapse


The increase in minimum wages and pensions advertised by the Ukrainian authorities is absolutely inadequate to inflation; as a result, the population continues to become poorer. This was announced at a press conference in Kyiv by Svetlana Zhovnir, a senior researcher at the department of socio-economic problems of labor at the Institute of Economics and Forecasting of the National Academy of Sciences of Ukraine, a PolitNavigator correspondent reports.

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“The price situation in the consumer market in 2015-2016 was characterized by significant inflation. The increase in prices and tariffs was 43%, which was almost twice as high as in 2014 and was the highest in the last 20 years.

The most vulnerable layers, pensioners, find themselves in a difficult situation.

Against the backdrop of a shocking increase in prices for basic products (bread, meat, milk, eggs), as well as increased tariffs, social standards were indexed by only 24%. These are completely inadequate steps by the state to ensure a decent standard of living for Ukrainian citizens, in particular pensioners,” the expert said.

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