Expert: Money turnover of Ukrainian shopping centers grew by 3% in Q1 2016

Expert: Money turnover of Ukrainian shopping centers grew by 3% in Q1 2016

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Ukrinform
A total money turnover of Ukrainian shopping and entertainment centers grew by 3% over the first quarter of 2016. 

Victor Oborsky, the strategic consultant department’s head at the UTG Company, said at a press conference, an Ukrinform correspondent reports.

“A total money turnover of Ukraine’s shopping and entertainment centers increased by 3% over the first quarter of 2016", Oborsky said.

Present at the press conference UTG Director Yevheniya Loktionova, in turn, said: “The money turnover of Ukrainian shopping entertainment centers grew even by 30% in March of the current year, what gives the grounds to state not just about the adjustment of demand, but also about its growth, despite the fact that rates are fixed in hryvnias.

Loktionova also added: “Even during a crisis people continue to consume, continue to entertain, continue to travel abroad to purchase European brands. The demand just moves to a low-priced segment”.

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