Industrial producer prices in Ukraine jump 22.3% in Feb – statistics

Producer prices for industrial products in Ukraine surged by 22.3% in February 2026, following a 3.5% increase in January and a 1.1% decline in December 2025, the State Statistics Service reported on Tuesday.

"The main factor was an administrative revision of tariffs in the supply of electricity, gas, steam, and air conditioning (+53.1%), driven by a decision of the National Energy and Utilities Regulatory Commission (resolution No. 70 dated January 16, 2026)," the agency said.

According to the statistical authority, on an annual basis (compared to February 2025), industrial price growth accelerated to 34.5% in February 2026, up from 11.2% in January.

"Given the regulatory nature of this factor, the current price spike does not indicate the formation of a sustained inflationary trend and is not grounds for overly pessimistic assessments of future dynamics," the State Statistics Service said.

As reported, industrial prices rose by 8.2% in 2025.