Auto markets in Ukraine, a former Soviet state with an estimated 300 million inhabitants, have long been among the cheapest places in the world to shop.
But a new report from the International Council of Shopping Centers found that prices have been rising at a faster rate in recent years, and that this trend has accelerated in the past few years.
The new report by the nonprofit International Council on Shopping Centers (ICSC), an independent group, found that the average price of an auto product in Ukraine was just under $15,000 last year, down from $18,000 in 2011.
That is a significant drop from the $24,000 the ICSC estimated that an average Ukrainian household could pay for an average SUV, a Jeep, or a Honda.
That’s about half the price of a comparable U.S. SUV.
That may seem like a drop, but the ICSC found that many consumers are still paying higher prices for the same or similar vehicles.
“The prices in Ukraine have been going up for a long time,” said Paul Johnson, the ICSPC’s vice president of global advocacy.
“People think it’s because of the crisis, but there’s no evidence to suggest that’s the case.”
The ICSC study is based on information from a survey conducted by the Russian-language Russian news agency Sputnik in January and February of last year.
The survey asked 1,000 Russians, all of whom had been shopping at a local auto market or in one of several other Ukrainian cities, how much they paid for their vehicle.
A third of the respondents said they paid less than $1,000 for their vehicles.
A fifth of those respondents said their average price was $10,000.
Only two-thirds of the sample said their prices were above that amount.
The study found that Ukrainian prices for a vehicle were up by 13% in that period, and nearly all of that increase was in the $1-plus price range.
Most of the increase in price in that group came from the purchase of a lower-priced vehicle.
That means, in theory, a Ukrainian family buying a new SUV for the first time could end up paying about $1 million more than they would for a similar model.
Johnson said the ICspcs report could help governments in Ukraine decide whether to buy more vehicles from automakers or to buy from independent retailers.
“I think the ICs study should help Ukraine decide to buy some vehicles from independent producers,” he said.
But even the new study doesn’t address the question of whether Ukraine should continue to be a buyer of Ukrainian-made vehicles, or whether its own car industry could benefit from cheaper foreign competition.
That issue is an important one because Ukrainian automakers, particularly those based in the eastern city of Kharkiv, have been struggling to sell their cars in foreign markets, as they are in Russia.
The Ukrainian government, under pressure from international lenders to do more to diversify its economy, has recently agreed to sell all its vehicles to foreign producers.
In a statement, Ukraine’s finance minister, Pavlo Klimkin, said that the government is committed to purchasing more foreign vehicles from the market.
But he added that Ukrainian manufacturers are still struggling to get foreign vehicles in production.
“It’s hard to believe that Ukraine will still be able to import cars from outside,” Klimkins said.
“We’re already importing the most vehicles of any country in Europe, but we’re still importing the least in terms of vehicles and engines.
It’s a huge issue for us.”
He said the government wants to buy as many foreign-made engines and vehicles as possible to boost the country’s competitiveness.
The government is also pushing for new foreign-manufactured vehicles.
Last week, the government announced a new, $200 million program that aims to import a number of new cars and trucks.
The program will buy two new vehicles: a Toyota Prius hybrid and a Nissan Leaf.
The two new models, the Toyota Priuse and the Nissan Leaf, are made by Toyota and Honda respectively, while the other two are made in Russia by Ford.
Both of those cars are powered by electric engines, but not in the same way.
The Prius Hybrid, for example, can travel 300 kilometers on a single charge, while Nissan’s Leaf can go about 160 kilometers on one charge.
The hybrid vehicles will be built at a plant in eastern Ukraine that is owned by Russia’s state-owned auto giant, Rosneft.
The Russian-made Prius is currently being built in the United States at a joint venture between General Motors and Ford.
The vehicle has been on the market for nearly a decade.
The Leaf is a hybrid that can go up to 155 kilometers on the same charge.
Rosnefft announced in September that it was buying General Motors to build the new Prius.
The deal is worth $200 billion and is expected to be completed in 2019.
“Our government is determined to invest in