10:15 10.08.2016

Statistics: Agricultural companies anticipate production growth in Q3 2016

Statistics: Agricultural companies anticipate production growth in Q3 2016

Ukrainian agricultural companies anticipate that production in the third quarter of 2016 will grow compared to the previous quarter.

According to the State Statistics Service, 70% of agricultural companies out of 847 polled expect that their production will grow. Some 23% of respondents do not project any changes in production and 6% expect a fall in their production.

Some 28% of respondents anticipate that prices of products will grow, 25% believe that the prices would fall, while 47% of respondents said the prices would not change in the third quarter.

Some 24% of respondents said that the number of employees will increase, 4% - would decrease, and 72% plan to leave the same number of employees.

According to the State Statistics Service, 66% of enterprises assess ending stocks of ready products as enough, 14% as low and 1% as large. Some 19% of companies do not have ready products stocks.

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