Page 28 - UKRRptFeb19

contracted 1.9% y/y, while the textile subsector contracted 9.4%. Construction material output also declined slightly.
Other subsectors demonstrated a moderate increase in production. Mining and quarrying output growth decelerated to 1.1% y/y in November from a strong 5.2% in October thanks to a decline in coal production (down 1.1% y/y) and deceleration in metal ore output (up 0.4% y/y in November versus 2.5% in October) and oil and gas production (up 4.0% y/y versus a 7.5% increase in October).
Mining and quarrying output was up 2.2% y/y in 11m18. Electricity, gas and heat output grew 2.8% y/y in November after contracting 3.6% y/y in October. In 11m18, it was up 2.0% y/y.
4.2 Inflation
Prices 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018F
CPI headline (%YoY, 16.6 22.3 12.3 9.1 4.6 -0.2 0.5 24.9 43.3 12.4 13.7 9.4 eop)
CPI headline (%YoY, 12.8 25.3 16 9.4 8 0.6 -0.3 12.1 48.5 14.9 14.5 9.2 average)
PPI (%YoY, eop) 23.2 21.1 15.3 18.8 17.4 0.4 1.7 31.8 25.4 35.7 16.5 9
PPI (%YoY, 20.5 33.6 7.4 21.4 19.9 6 -0.1 17 36.5 20.4 27.2 10.6 average)
Source: ICU, CEIC
28 UKRAINE Country Report February 2019 www.intellinews.com