Facebook Pixel

Industrial price rise accelerates more than fourfold

The rise in producer prices for industrial products in December 2021 accelerated 4.3 times compared to December 2020 and amounted to 62.2%. Within Ukraine, prices of industrial producers last year increased by 74.2%, for supplies outside the country—by 24.5%. This is reported by the State Statistics Service.

In 2020 (December vs December 2019), the rise in prices of the industrial producers amounted to 14.5%, in 2019—7.4%, in 2018—14.2%, in 2017—16.5%, in 2016—35.7%, and in 2015—25.4%.

The prices in the Ukrainian industry in December increased by 2.7% compared to November after rising in November by 4.3%, in October—by 12.5%, in September—by 0.7%, in August—by 5%. 4%, and in July—by 2.6%.

At the same time, it is noted that the average annual increase in prices in industry in 2021 (January—December 2021 vs January—December 2020) amounted to 40.8% after a decline in 2020 by 1.6%, whereas in previous years the price rise had also been recorded: in 2019—by 4.1%, in 2018—by 17.4%, in 2017—by 26.4%, in 2016—by 20.5%, and in 2015—by 36%.

Thank 🎉