Business news from Ukraine

GROWTH IN PRICES OF INDUSTRIAL PRODUCERS IN UKRAINE SLOWS DOWN TO 1.6% IN MARCH

Prices in the Ukrainian industry in March 2021 increased by 1.6%, while in February – by 7.8%, in January – by 5.2%, the State Statistics Service reported on Monday.
At the end of March 2021, prices in industry increased 26.3% year-over-year, at the end of February – 26.6%, at the end of January 2021 – 17.6%.
In the first quarter of 2021 (compared to the same period in 2020), the growth in prices of industrial producers amounted to 23.5%.
The State Statistics Service said that within Ukraine, prices of industrial producers in March compared with February 2021 increased 0.6%, for deliveries outside the country – 4.7%.
In the mining industry and quarrying in March of this year, compared with the previous month, the price of production grew by 2.3%, the rise in prices in the extraction of metal ores was 5.8%, coal – 1.8%, while in extraction of crude oil and natural gas the products fell by 2% in price.
Prices increased in the production of coke and refined petroleum products by 14.2%, chemicals and chemical products – by 9.9%, in metallurgy – by 4.6%, in the production of intermediate consumption goods – by 4.2%, non-durable goods – by 3.7%, in the processing industry – by 3.8%.
A decrease in prices was recorded in the supply of electricity, gas, steam – by 5.5%, energy production – by 2.9%.

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GROWTH OF INDUSTRIAL PRICES IN UKRAINE SLOWS DOWN TO 0.3% IN MARCH

Prices in the industry of Ukraine in March 2018 increased by 0.3%, while in February their growth was 1.2%, in January 4.4%, the State Statistics Service has reported.
In annual terms, in March this year the growth of producers’ prices slowed to 15.9% from 19.6% in February and 22% in January.
The main reason is the sharp decline in prices of metal ores (10.7% down).
Since early 2018, industrial prices in Ukraine grew by 5.9%.
Prices in mining and quarrying in March fell by 4.8%, in particular in mining of metal ores by 10.7%, crude oil and natural gas by 1.1%.
In processing industry prices went up by 0.2%, in particular, in production of rubber and plastic goods, other non-metal mineral goods – by 1.8%, bread production and beverages by 1.6%, vehicle, trailers and semitrailers, other vehicles production, production of PCs, electronic and optic goods – by 1.6%, production of key pharmaceutical products and medications – by 1.5%.
Prices in production of sugar fell by 7.5%, coke and petroleum products output – by 3.7% and in intra-branch consumption by 1.5%.
Tariffs in the supply of electricity, gas and air conditioning increased 3.1%.