Statistics: Agricultural companies anticipate production growth in Q3 2016

10:15, 10.08.2016 1 min read

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.