Dynamics of consumption of foodstuffs in households of Ukraine and Czech republic

Daria Loiko ()
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Daria Loiko: Borys Grinchenko Kyiv University

European scientific journal of Economic and Financial innovation, 2018, vol. 1, 67-82

Abstract: The article deals with the dynamics of consumption of food products in households in Ukraine and the Czech Republic for the period of 2013-2017. The conclusion is made of an increase in aggregate household resources in Ukraine for the period 2010-2017 by 82.64% and, accordingly, the growth of expenses for the same period by 86, 88%. The excess of the dynamics of growth of average monthly expenditure over average monthly incomes per household of Ukraine was 4.24%. The lion`s share of consumer spending of households in Ukraine in 2017 amounted to 93.0% of total expenditures. Gross cash income per person per year in the Czech Republic for the period 2013-2017 grew by 19.67%. Total consumption expenditures for that period increased by 8.35%. The excess of the dynamics of income growth per person per year over the growth of expenditure in households in the Czech Republic amounted to 11.32%. Consumer expenditure in Czech families amounted to 63.36% in 2017. Households in Ukraine spent in 2017 on the expenditure item "food and soft drinks" 51.2% of the family budget. Czech families spend on food products 31.3% less than Ukrainian families. According to the results of the study, the following conclusions were made: - the level of consumption of food in households in the Czech Republic for the period 2013-2017 increased, in particular: meat - by 7.35%, fruit - 6.77%, vegetables - 6.39%, milk and dairy products - 5.29% , sugar - 4.49%, bakery products - 1.01%; - the level of food consumption in households in Ukraine for 2013-2017 decreased by 27.78%, including oil - 11.76%, fruits - 9.76%, vegetables - 6.38%, potatoes - 5.63%, sugar - 6.67%, bread - 6, 67%, meat - 3.92%. In the comparative characteristic, consumption of household food products in the Czech Republic consumed in 2017 was more than households in Ukraine: fruits at 84.68%, meat - 36.56%, eggs - 5.83%, flour products - 12.59% and less: 72.22% oil, fish - 65.38%, vegetables - 16.48%, potatoes - 14.80%. The conclusion is that the standard of living of households in the Czech Republic is higher than the standard of living of Ukrainian households

Keywords: Ukraine, Czechia; households; resources; expenses; consumption; food; comparative analysis; standard of living (search for similar items in EconPapers)
JEL-codes: D15 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:efn:journl:v:1:y:2018:p:77-82

DOI: 10.32750/2018-0109

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