Business news from Ukraine

Business news from Ukraine

INDUSTRIAL PRODUCERS PRICES GROWTH IN UKRAINE IN NOV GOES DOWN TO 4.3%

The prices of industrial producers in Ukraine in November 2021 increased by 4.3%, while in October by 12.5%, in September – by 0.7%, in August – by 5.4%, in July – by 2.6%, in June – 2.4%, the State Statistics Service said.
The service clarified that within Ukraine in November from October 2021, prices of industrial producers increased by 4.8%, for supplies outside the country – by 2.5%.
According to the report, in annual terms (in relation to the same month last year) in November 2021 prices in industry increased 1.6 times, in October – by 57.2%, in September – by 45.1%, August – by 46.5%, in July – by 42.2%, in June – by 39.1%.
For the 11 months of 2021, the growth in prices of industrial producers amounted to 38.7% compared to the same period in 2020.
According to the statistics department, in extracting industry and quarrying in November this year, compared with the previous month, the prices for products increased by 7.2%. The rise in prices in extraction of coal was 9.3%, in extraction of crude oil and natural gas – 9.1%, in extraction of metal ores – 6%.
Prices for the supply of electricity and gas increased by 11.3%, in energy production – by 10.2%, chemical products – by 7.7%, coke and petroleum products – by 3.5%, in production of rubber and plastic goods – by 2.9%, in production of intermediate consumption goods – by 2.4%, wood products – by 2.2%, motor vehicles – by 1.8%, in production of pharmaceuticals – by 1.8%, at enterprises of mechanical engineering – by 1.2%, processing industry – by 1.2%, electrical equipment – by 1.1%, in production of non-durable goods – by 0.9%, in textile industry – by 0.4%, in production of long-term consumption goods – by 0.3%,
At the same time, prices decreased in production of intermediate consumption goods by 3.8%, in metallurgy – by 3.6%.