Ukraine registers PPI deflation of 0.9% y/y in August.

By bne IntelliNews September 9, 2013

In August, Ukraine registered PPI deflation of 0.9% y/y, the State Statistics Service has announced. In m/m terms, producer prices rose by 1.2% compared to a decline of 2.9% in July and 2.7% in June. In Jan-Aug, producer prices increased by 1.9% ytd.

The prices in the mining industry and quarry development rose by 0.1% m/m and contracted by 4.7% y/y in August.  The prices grew by 2.1% m/m and 10.9% y/y in crude oil production. In production of iron ore, prices rose by 1.3% m/m and contracted by 8.8% y/y, while in coal production the prices fell by 1.4% m/m and 7.7% y/y.

In the processing industry prices grew by 0.1% m/m and remained flat at zero in y/y terms. Prices of fuel production grew by 1.2% m/m and declined by 0.3% y/y, pharmaceutical products and medicines – by 0.6% m/m and 6.2% y/y.  Prices in production beverages grew by 1.2% m/m (8.0% y/y), dairy products – by 1.1% m/m (9.5% y/y), bred and baked goods – by 0.2% m/m (5.0% y/y).

Tariffs for the supply of gas, steam and conditioned air grew by 4.5% m/m due to the rise in tariffs for electricity by 4.9% m/m (contraction of 2.1% y/y).

PPI % y/y January February March April May June July August
Industry of Ukraine 1.5 -0.9 0.2 -1.0 1.9 -1.6 -1.6 -0.9
Mining and quarrying -4.2 -6.7 -9.2 -4.2 -1.9 -0.9 -5.2 -4.7
Manufacturing of coal 0.6 -6.7 -11.9 -14.2 -9.2 -7.9 -7.8 -7.7
Extraction of crude petroleum and natural gas 8.1 9.2 5.5 1.2 5.7 12.0 10.4 10.9
Mining of metal ores -15.7 -15.7 -15.9 2.8 1.9 1.3 -10.2 -8.8
Manufacturing -0.2 0.5 -0.3 -1.8 -2.7 -2.1 -0.5 0.0
Manufacture of food products, beverages and tobacco products 4.3 4.6 4.2 3.9 3.1 4.0 5.3 5.2
Manufacture of dairy products -2.7 -2.5 -0.4 2.4 3.4 5.2 8.1 9.5
Manufacture of bakery and farinaceous products 4.3 5.1 5.2 5.4 5.2 5.4 5.2 5.0
Manufacture of sugar -13.9 -16.9 -15.9 -12.4 -10.9 -5.9 -4.0 -7.1
Manufacture of beverages 7.8 7.2 7.9 5.7 5.0 5.1 5.7 8.0
Manufacture of coke, and refined petroleum products -10.2 -8.9 -10.4 -11.1 -10.9 -8.2 -5.0 -2.7
Manufacture of coke oven products -20.6 -16.1 -17.9 -15.0 -14.1 -12.5 -10.9 -5.8
Manufacture of refined petroleum products -1.4 -3.0 -4.2 -8.0 -8.5 -4.8 -0.1 -0.3
Manufacture of chemicals and chemical products 6.0 7.4 4.7 3.1 -4.5 -5.5 -3.0 -3.3
Manufacture of pharmaceuticals, medicinal chemical and botanical products 4.4 4.3 4.2 5.0 4.8 5.0 5.7 6.2
Electricity, gas, steam and air-conditioning supply 9.9 -1.5 6.5 1.7 14.9 -1.4 -3.3 -2.1
Source: State Statistics Service                

 

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