Business news from Ukraine

Business news from Ukraine

RISE IN INDUSTRIAL PRICES IN UKRAINE ACCELERATES TO 2.6%

10 August , 2021  

Prices in the Ukrainian industry in July 2021 increased by 2.6%, while in June – by 2.4%, in May – by 3.6%, in April – by 1.2%, in March – by 1.6%, February – 7.8%, January – 5.2%, the State Statistics Service has reported.
In annual terms (in relation to the same month last year), at the end of July 2021, prices in industry increased by 42.2%, in June – by 39.1%, in May – by 33.1%, in April – by 27.8%, in March – by 26.3%, in February – by 26.6%, in January 2021 – by 17.6%.
For the seven months of 2021 (compared to the same period in 2020), the growth in prices of industrial producers amounted to 30.4%.
The State Statistics Service clarifies that within Ukraine, prices of industrial producers in July from June 2021 increased by 2.3%, for deliveries outside the country – by 3.5%.
According to the statistics department, prices in extracting industry and quarrying in July this year compared with the previous month rose by 3%, the growth in prices in extraction of coal was 11.5%, metal ores – 4.4%, while prices in production of crude oil and natural gas fell by 2.9%.
Prices in production of coke and petroleum products increased by 18.7%, in metallurgy – by 5%, in production of machinery and vehicles – by 4.8%, in production of investment goods – by 3.7%, in mechanical engineering – by 3.6%, production of intermediate consumption goods – by 3.4%, energy – by 3.2%, in processing industry – by 2.8%, in sugar production – by 6.3%, in the supply of electricity and gas, production of chemicals, wood products – by 1.9%, production of rubber and plastic goods – by 1.7%, durable goods – by 1.5%, products of pharmaceutical companies – by 1%.
Prices in production of computers, electronic and optical products fell by 0.2%.