Ukraine registers deflation of 0.2% y/y in 2012.

By bne IntelliNews January 9, 2013
Consumer prices in Ukraine grew by 0.2% m/m in December 2012, the State Statistics Service has reported. According to the service, in annual terms in 2012 deflation of 0.2% was registered in the country for the first time in 10 years. Prices for food and non-alcoholic beverages on the consumer market in December 2012 rose by 0.1%. The largest growth (by 4.7% and 3.7%) was reported in prices for vegetables and eggs. Prices for milk, sour cream, margarine, cheese, bread and dairy products rose by 1.2-0.5%. At the same time, sugar significantly fell in price (by 4.6%). Prices for rice, fruits, processed cereals, fish and fish products fell by 1.2-0.7%, whereas prices for pasta, meat and butter shrank by 0.3-0.1%. Alcoholic beverages and tobacco products rose in price by 0.7%, including a 0.9% rise in alcohol prices and a 0.5% increase in prices for tobacco products. Prices (tariffs) for housing, water, electricity, gas and other fuels rose by 0.2%. The cost of transportation by passenger rail and road transport rose by 0.5% and 0.2% respectively. At the same time, there was a decline in prices for air transportation (by 0.8%) and fuel and lubricants (by 0.2%). Products in the mining industry fell in price by 0.6%. In the processing industry the price index in December 2012 remained unchanged. Prices in the production of food and beverages rose by 0.4%. In the production of flour and cereal products, processing and canning of fruits and vegetables prices grew by 1.4%, in the production of fish products by 1.1%, beverages, bread and bakery products by 0.7%, and dairy products by 0.4%. At the same time, prices in sugar production fell by 1.9%. In the production and distribution of electricity, gas and water there was a decline in tariffs by 6.1% due to a fall in electricity tariffs by 6.7%.

Ukraine registers deflation of 0.2% y/y in 2012.

Related Articles

Metro Ukraine raises sales by 11% y/y to EUR 877mn in 2012.

In 2012, Metro Cash&Carry Ukraine, which is a retail division of the Metro Group (Germany), raised sales by 10.9% y/y to EUR 877mn, the company said. The company opened two new wholesale ... more

NBU: Gross external debt of Ukraine up 2% q/q in Q4/2012

The Naftogaz Ukrainy has repaid UAH 2.4bn worth of loans so far in 2013. The company was able to repay this amount of loans because of economy of natural gas in all areas of its operation, ... more

EC makes new recommendations for Ukraine.

The European Commission recommends Ukraine to focus on meeting its commitments under the association agenda, reads the ENP Country Progress Report 2012 - Ukraine released on Wednesday. In ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss