Industrial prices in Ukraine 1.5% up in Feb 2016

17:09, 09.03.2016 1 min read

Industrial prices in Ukraine after a 1.1% decrease in January rose by 1.5% in February mainly due to a rise in prices for coal, metal ore and hydrocarbons, the State Statistics Service has said.

According to its data, in spite of this, in annual terms (compared to the same period of 2015) the growth of wholesale prices in February slowed down to 17.4% from 21.2% in January and 25.4% last year.

As reported, the price growth in the industry of Ukraine in 2014 amounted to 1.7%, while a year earlier the figure was 0.3%.

Inflation in Ukraine in 2015 increased to 43.3% from 24.9% in 2014 and 0.5% in 2013. In February 2016 consumer prices fell by 0.4%, in annual terms inflation slowed down to 32.7%.