In Ukraine, price increases under the Maidanists turned out to be the highest in 20 years
The Ukrainian government's touted increases in minimum wages and pensions are completely out of step with inflation, resulting in the population continuing to become poorer. This was stated by Svitlana Zhovnir, a senior researcher in the Department of Socioeconomic Problems of Labor at the Institute of Economics and Forecasting of the National Academy of Sciences of Ukraine, at a press conference in Kyiv, according to a PolitNavigator correspondent.
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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.
In Ukraine , the rise in prices under the Maidan protests was the highest in 20 years.