Statistics Service: Macroeconomic Stability Is Observed in Ukraine
OREANDA-NEWS. October 19, 2011. In Ukraine, despite problems in the world financial world markets, the macroeconomic stability is saved. This was announced by the Chief Deputy Chairman of the State Statistics Service of Ukraine Vadym Pishcheyko at a briefing in the Government House.
"There is stable a currency exchange rate concerning dollar and the euro, supply and demand both internal and external is balanced, and the indicator of it is the noticeable inflation index which during these 9 months constitutes just over 4 %," the Chief Deputy Chairman of the State Statistics Service has noted.
As he said, for 9 months of the running year industrial output production was increased by 8.6%, including in the mining industry - by 6.7%, and by 9.6% in processing, manufacturing and distribution of electricity - by 6.2%.
Vadym Pishcheyko has noted that that the index of agricultural production for January-September this year compared with the corresponding period of 2010 amounted to 113.7%, including in agricultural enterprises - 115.7%, in households - 112.3%, mainly due to substantial increase of crop production as a whole is 21.1% (at agricultural enterprises - by 21.4%, homesteads - 20, 8%).
In addition, the volume of construction works has increased by 11.4%. On growth of volumes of building was most of all affected by activity of the enterprises which are engaged in construction of buildings and facilities (which share in total amount constitutes 85.3 %). Vadym Pishcheyko has stressed that the main driver of growth is rapid growth in the construction of objects that are necessary for holding of a final part of the UEFA European Football Championship in Ukraine in 2012.
According to the State Statistics Service, exports of goods in January-August 2011 amounted to 44 billion USD, imports - 52.1 billion USD. In comparison with January-August, 2010 export was increased by 39.4%, import - by 44.6 %. The negative balance has constituted 8.1 billion USD (in January-August, 2010, it is also negative – 4.5 billion USD). Vadym Pishcheyko has marked that the greatest export deliveries were performed to the Russian Federation – 29.2 % of total amount of export, Turkey – 5.9 %, Italy - 5 %. The basis of commodity structure of the Ukrainian export was constituted by ferrous metals (28.3 % of total amount of export), mineral products (14.9 %), mechanic and electrical machines (9.6 %), goods of the chemical industry (7.6 %).
In import total amount, the largest revenues were performed from the Russian Federation (36.7 %), Germany (8 %), China (7.6 %), and Belarus (4.7 %). The mineral products accounted for 37.2% of imports of goods, supply of mechanical and electrical machines - 14.6% of total imports, chemical and related industries - 9.8%, means of ground transport, flight vehicles, floating crafts – 7.2 %.
In the retail trade in 2011, there were observed stable rates of increase of a turnover as on articles of food, in particular, in alcoholic beverages, confectionery and meat, dairy products and consumer goods - cars, pharmaceutical products, audio-video, electrical goods and building materials.
According to the First Deputy Chairman of the State Statistics, the consumer price index (inflation index) for January-September 2011 has constituted 104,2 % (in the appropriate period of previous year – 107.4 %). Food and soft drinks have risen in price by 1.8 %. Most of all (oil and bread) have risen in price by 14.5 % and 12.4 %. By 9,8-3,7 % pasta, meat and meat products, fish and products from fish, rice, sugar became more expensive. At the same time, it is essential (by 40.3 % and 18.1 %) vegetables and eggs have fallen in price; the prices for milk were reduced by 7.3-1.9 %, animal fats, butter and cheeses.
The prices for housing, water, electricity, gas and other types of fuel have grown by 10.7 %, including payment for electricity by 22.9%, an apartment - 17.6%, hot water heating - by 13.8%, water supply - by 12.3%, the sewerage - by 11.6%.
The transport rise in price as a whole by 19.5 % has happened basically at the expense of a rise in prices for fuel and lubricants (by 30.6 %) and value increase of transportations by road passenger transport (by 19.2 %).
In industrial production sphere for January-September 2011, the prices index has constituted 117.7 % (in the appropriate period of previous year – 115.2 %) including in production and allocation of the electricity, gas and water prices have grown by 27.4 %, mining industry - by 23.7%, processing industry - by 13.3%.
The monthly average nominal salary of the permanent member of staff for January-August 2011 has amounted to 2550 UAH that 2.7 times above level of a minimum wage. To comparing with the appropriate period 2010, the salary was increased by 18.1 %. The growth of nominal wages during January-August was observed monthly, index reduction in August compared with July is the seasonal phenomenon.
The index of real wages for 8 months of 2011, compared with the corresponding period of 2010 is amounted to 107.7%.
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