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 |
Related Articles
Ukraine's DTEK seeks $350mn to restore energy capacity after Russian attacks
Ukraine's leading private energy company, DTEK, has sounded the alarm, indicating an urgent need for $350mn to recuperate lost capacity resulting from Russia's relentless assaults on thermal power ... more
France's spending on Russian LNG surges to over €600mn this year
France's spending on Russian liquefied natural gas (LNG) surged to over €600mn this year, EU data reveals, Politico reports. The increase comes as French President Emmanuel Macron becomes ... more
LNG imports improving EU energy security as Russian gas supplies fall to 8% of gas imports
Liquefied natural gas helps make Europe’s gas supply more secure as it doesn’t rely on existing pipeline infrastructure, allowing EU countries to diversify the sources of their imports, the ... more
Most Read
-
Russia is producing weapons at a record pace, and Ukraine’s partners are trying to increase support for Kyiv
23 hours ago
-
Lithuanian leaders back sending 29,000 military-age men back to Ukraine
1 day ago
-
Central European populism bites the hand that feeds it
1 day ago
-
Fighting breaks out in Georgian parliament, halting vote on 'foreign agents' law
21 hours ago
-
Ukraine's drone attacks on Russian oil refineries cause domestic petrol prices to surge
22 hours ago
-
The models are wrong, climate change is accelerating faster than predicted
7 days ago
-
Russia already treating Bosnia’s Republika Srpska as an independent state
7 days ago
-
Cheap Russian drones overwhelm US-made Abrams tanks, taken out of action
5 days ago
-
Putinomics: Russia’s oil and gas revenue to double in April
6 days ago
-
Kuwait reacts angrily to being cut out of Iraq and Turkey’s transport project
6 days ago
-
Albanians campaign on social media to keep bus bridge created in freak accident
1 year ago
-
Saudi Arabia to scale back plans for Neom city
22 days ago
-
Iran vs Israel: Who is better equipped for war?
18 days ago
-
BRICS announce a blockchain-based payment system to create a common currency
1 month ago
-
Oil continues to flow to Israel via Turkey despite Erdogan’s vehement speeches on plight of Gaza
6 months ago