Industrial prices in Ukraine in January 2018 increased by 4.4% from December 2017, whereas their growth in December 2017 was by 1.7%, in November 2017 by 1.8% and in October 2017 by 2.3%, the State Statistics Service of Ukraine said on Friday.
Growth of industrial prices in January 2018 compared to January 2017 was 22%.
The statistics service recalled that in January 2017 Ukraine’s industry saw a 0.3% decrease in prices compared to December 2016, whereas they grew by 36.8% compared to January 2016.
Prices in the mining industry and quarrying went up by 2.7% in January 2018 from December 2017, in particular, prices of crude oil grew by 4.1% and those of iron ore by 3.1%, it said.
Prices in the processing industry increased by 2.3%. In particular, chemicals and chemical products went up in price by 1.7%, while prices of vehicles, trailers and semitrailers grew by 6.8%. Prices in metallurgical production, production of finished metal goods, except for machinery and equipment, increased by 3.7%, while those of computers, electronics and optical goods rose by 3.5%. Key pharmaceutical products and pharmaceuticals, and electrical equipment went up in price by 2.8%. At the same time, prices of coke and fuel declined by 1.7%.
Prices in the production of food, beverages and tobacco climbed by 0.8%. In particular, prices of beverages grew by 1.8%, those of meat and meat products by 1%, sugar by 0.8%, bread, bakery and flour products by 1%, and dairy products by 0.5%.
Power rates, gas prices and air conditioning tariffs rose by 10.2% in January 2018.
As reported, Ukraine saw a 16.5% increase in industrial prices in 2017.
