PPI inflation made up 2.8% y/y in July, the State Stat Agency has informed. In m/m terms, inflation stood at 1.8%. Prices in the mining sector went up by 2.9% m/m while in the manufacturing industry decreased by 0.7% m/m. Prices for the produced goods went up by 1.8% m/m while for production services grew by 0.8% m/m. Among goods, prices went up for gas condensate (17.4% m/m), natural gas (3.3% m/m), black oil (1.6% m/m) and crude oil (by 1.2%). On the other hand, prices for petrol went down by 1.8% m/m, propane-butane by 1.6% m/m and for coal – by 1.2% m/m.
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