Ukraine registered PPI deflation of 1.6% y/y in June, the State Statistics Service announced. Industrial prices fell by 2.7% m/m, mainly due to the reduction in the cost of electricity, gas, steam and conditioned air supplies by 8.7%.
In H1, industrial prices grew by 3.7%. Prices increased the most in the crude petroleum and natural gas extraction sector - up by 12% y/y. Mining and quarrying prices contracted by 0.9% y/y in June.
Manufacturing prices declined by 2.1% y/y, mainly due to 12.5% y/y decrease in manufacturing of coke oven products. Manufacture of basic metals and fabricated metal products, except machinery and equipment prices went down by 8% y/y.
The prices in distribution of utilities gas and water industry declined by 1.4% y/y in June.
| % y/y | January | February | March | April | May | June |
| Industry of Ukraine | 1.5 | -0.9 | 0.2 | -1.0 | 1.9 | -1.6 |
| Mining and quarrying | -4.2 | -6.7 | -9.2 | -4.2 | -1.9 | -0.9 |
| Extraction of crude petroleum and natural gas | 8.1 | 9.2 | 5.5 | 1.2 | 5.7 | 12.0 |
| Mining of metal ores | -15.7 | -15.7 | -15.9 | 2.8 | 1.9 | 1.3 |
| Manufacturing | -0.2 | 0.5 | -0.3 | -1.8 | -2.7 | -2.1 |
| Manufacture of dairy products | -2.7 | -2.5 | -0.4 | 2.4 | 3.4 | 5.2 |
| Manufacture of bakery and farinaceous products | 4.3 | 5.1 | 5.2 | 5.4 | 5.2 | 5.4 |
| Manufacture of sugar | -13.9 | -16.9 | -15.9 | -12.4 | -10.9 | -5.9 |
| Manufacture of beverages | 7.8 | 7.2 | 7.9 | 5.7 | 5.0 | 5.1 |
| Manufacture of coke, and refined petroleum products | -10.2 | -8.9 | -10.4 | -11.1 | -10.9 | -8.2 |
| Manufacture of coke oven products | -20.6 | -16.1 | -17.9 | -15.0 | -14.1 | -12.5 |
| Manufacture of refined petroleum products | -1.4 | -3.0 | -4.2 | -8.0 | -8.5 | -4.8 |
| Manufacture of chemicals and chemical products | 6.0 | 7.4 | 4.7 | 3.1 | -4.5 | -5.5 |
| Manufacture of pharmaceuticals, medicinal chemical and botanical products | 4.4 | 4.3 | 4.2 | 5.0 | 4.8 | 5.0 |
| Manufacture of rubber and plastic products | 0.6 | 1.2 | 0.7 | 0.2 | -0.2 | 0.3 |
| Manufacture of basic metals and fabricated metal products, except machinery and equipment | -5.6 | -3.7 | -3.9 | -6.9 | -8.2 | -8.0 |
| Manufacture of transport equipment | -3.2 | -2.4 | -4.3 | -6.6 | -5.4 | -5.5 |
| Electricity, gas, steam and air-conditioning supply | 9.9 | -1.5 | 6.5 | 1.7 | 14.9 | -1.4 |
| Source: State Statistics Service |
Ukraine’s banking sector recorded a historic increase in hryvnia-denominated commercial lending in April, driven largely by financing for the defence industry, energy projects and agriculture, ... more
The European Investment Bank plans to invest €80mn in the Amber Dragon European Fund for Ukraine, a flagship reconstruction and private-sector investment vehicle targeting infrastructure and ... more
Ukraine has secured financing for a major energy storage facility backed by international insurance coverage, while plans are advancing for a new bioenergy complex in the country’s west, as Kyiv ... more