The dynamics of prices for ingredients of your favorite dish can be tracked online - the Ministry of Economic Development and Trade

Submitted by bashun on Wed, 03/21/2018 - 12:11

The Ministry of Economic Development and Trade of Ukraine has created an online resource for tracking price developments. This was reported in the Office of Effective Regulation (Better Regulation Delivery Office, BRDO) Ukrinform.

"The tool allows you to see in a few clicks how prices for popular products in Ukraine are changing, and based on this material to draw their own conclusions," says BRDO chairman Oleksii Honcharuk.

On the website of the "Platform for Effective Regulation, which was created by the Ministry of Economic Development with the support of the State Regulatory Service, as well as the Better Regulation Delivery Office (BRDO) and the EU Initiative "EU4Business", there is an available inflation calculator that assesses how prices have changed over time in the country. With the help of the online creator tool, you can pick up the products that make up the dish, choose the time interval, and the program will show how the price for each ingredient has changed and for the whole dish.

It is noted that the online service automatically collects data from open sources (State Statistics Service, NBU, World Bank, Eurostat) and fixes the daily dynamics of prices for goods according to the data of the largest online supermarkets. The information is also presented in the regional section by regions.

The dynamics of prices in the consumer market in the regions is updated every two weeks.

The dynamics of prices in online stores is updated daily.

Consumer price indeces are updated every week.

The user can edit the graphs in accordance with their goals and upload it to their computer. It is also possible to embed separate graphs in your website.

It is known that soon the Office of Effective Regulation (BRDO) also plans to launch a housing affordability index.

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