Business news from Ukraine

THE GROWTH OF INDUSTRIAL PRICES IN UKRAINE INCREASES TO 9.6%

10 February , 2022  

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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