Business news from Ukraine

Business news from Ukraine

THE GROWTH OF INDUSTRIAL PRICES IN UKRAINE INCREASES TO 9.6%

Prices of industrial producers of Ukraine in January 2022 increased by 9.6%, while in December 2021 – by 2.7%, in November – by 4.3%, in October – by 12.5%, the State Statistics Service said.
In annual terms (in relation to the same month last year), in January 2022 prices in industry increased by 69.1%, in December 2021 – by 62.2%, in November – by 60.7%, in October – by 57.2%, September – by 45.1%.
The State Statistics Service clarifies that within Ukraine the prices of industrial producers in January 2022 compared to December 2021 increased by 10.5%, while for deliveries outside the country prices grew by 6.3%.
According to the agency, in mining industry and quarrying in January of this year compared to December 2021 prices increased by 6.4%. Prices in extraction of crude oil and natural gas decreased by 0.1%, while prices in extraction of metal ores rose by 17.4%.
Prices in the supply of electricity and gas increased by 26.8%, in production of energy – by 18%, in production of intermediate consumption goods – by 4.7%, in production of chemicals – by 4%, in mechanical engineering – by 3.7%, in production of rubber and plastic products – by 3.1%, in the production of investment goods – by 3.1%, in the production of non-durable goods – by 2%, in the production of durable goods – by 1.9%, in food production – by 1.8%, in metallurgy – by 1.7%, in processing industry – by 1.6%, in the production of electrical equipment – by 1.6%, in the production of basic pharmaceutical products – by 1.5%, in the production of computers – by 1.1%.

Prices in the production of coke and refined petroleum products decreased by 6.7%.

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SKHIDNY MINING URANIUM CONCENTRATE PRODUCTION GOES DOWN BY 38.9% IN 2021

The state-owned enterprise Skhidny Mining and Processing Plant in 2021 reduced the production of uranium oxide concentrate (UOC) by 38.9% (by 289.07 tonnes) compared to 2020, to 454.63 tonnes.
According to the company’s data on the unified public portal of open data, 32.17 tonnes of UOC were produced in January, 31.37 tonnes in February, 49.8 tonnes in March, 37.8 tonnes in April, and 41.57 tonnes in May, 35.1 tonnes in in June, 52.3 tonnes in July, nothing in August, 60.14 tonnes in September, 33.28 tonnes in October, 18.1 tonnes in November, 63 tonnes in December.
In addition, in January 2022, the production of uranium concentrate by the enterprise amounted to 24.6 tonnes.
Skhidny Mining is the only enterprise in Ukraine and the largest enterprise in Europe for the extraction and processing of uranium ore. The annual demand of Ukrainian NPPs for uranium concentrate is about 22,400 tonnes.

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HEALTH MINISTER OF UKRAINE: WE ALREADY AT PEAK OF CURRENT CORONAVIRUS WAVE

Ukraine is already at the peak of the current wave of coronavirus (COVID-19) disease, Minister of Health of Ukraine Viktor Liashko has said at a briefing on air of the Rada TV channel.
“We already have the peak incidence, because we record 41,000 cases a day,” the minister said.
He also added that during this COVID-19 wave, the number of cases is growing, but not the number of hospitalizations, which in turn reduces a burden on hospital care.
At the same time, according to Liashko, there is a large burden on primary medical care, so the Ministry of Health has taken management decisions that should reduce a burden on family doctors. The latest of these solutions is the introduction of remote calling in sick.

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NATIONAL BANK OF UKRAINE’S OFFICIAL RATES AS OF 10/02/22

National bank of Ukraine’s official rates as of 10/02/22

Source: National Bank of Ukraine

OFFICIAL RATES OF BANKING METALS FROM NATIONAL BANK AS OF FEBRUARY 10

Official rates of banking metals from national bank as of February 10

One troy ounce=31.10 grams

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