State Statistics Committee publishes the info on retail trade and restaurant business turnover in 2009. It appears that the number is down 20% in 2009 compared to 2008. In 2009 turnover in the retail sector was UAH 229.9 bn, which is about $28.5 bn at the current exchange rate. It is likely that the downfall in retail turnover is not over yet and is to continue in 2010.
The city of Kyiv is down 22%. Donetsk oblast is the leader in retail contraction - 26%, while Kyiv oblast (excluding Kyiv) turned out to be the most resilient to contraction - only 9.8% down.
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