situation in the industry of Ukraine in June, slightly improved. The drop in production volumes were just 27.5% (to June 2008), while in April-May - 31,8%. Increased production in relation to the level of May this year, last month was 3.1%. Positive dynamics is fixed, particularly in the areas of production of electrical equipment (up 27.5%), light industry (14.2%) and engineering (6.9%) and negative - in the production of vehicles (decline of 5.9 %) and in coke production and oil refining (-2.6%).
the first time since the beginning of the year in one of the industry was able to achieve growth in production relative to the same period last year.
food industry in June to boost turnover by 0,9%. Expert IC Troika Dialog Ukraine Alexander Tsependa believed that this contributed to two factors: food production does not cease even during the crisis and the devaluation of the Ukrainian hryvnia has enabled companies to increase production volumes through import substitution.
But statistics
I half turned out to be less comforting (see reference). Industrial production fell by 31,1% - in any industry there was no positive dynamics. The smallest decline occurred in the areas of production of fuel-energy minerals (-4.7%) and food, beverages and tobacco (-5.8%). Analyst IR Galt Taggart Securities Alexander Couple explain this so that I half coal companies to increase production by 15% for the full completion of warehouses, in particular power plants. Before the end of the year, such growth will not be.
Director of the Center for Energy Studies Konstantin Borodin added that a significant drop in the industry did not happen because of the growth of gas production: This is due to its high price in Ukraine - than in any European country - 2434 UAH per thousand cubic meters, that gives mining companies, both private and public, the temptation to produce more gas. It is not productive success and the desire to get a quick profit.
similar situation is observed in the field of oil, but the unfavorable mode of payment of rental payments can not increase production. The gain derived from the gas to be repaid within six to nine months. In the fields of reservoir pressure starts to fall, and beyond gas production this year, we get a shortfall in the next period, - said Mr. Borodin.
Other industries, which recorded the lowest decline - production and distribution of electricity, gas and water (-17.4%), manufacture of coke and oil (-13.4%) - hope the experts are not. Oil refining in the doldrums. 2008 was a failure, so any comparison is not telling. Industry surviving recent years, - said the deputy director of the center Psyche Gennadij Ryabtsev.
And in the opinion of Alexander Paraschiya, a further increase in electricity production will depend on the restoration industry. Consumption of households, although increased, but not perekroet of consumption, - he said.
The only industry that, according to experts, already in October could go to zero, - food. Alexander Tsependa sure that in the II half of domestic products will continue to import substitution, which would slow the pace of the fall. Play its part and the low base of comparison. If there will be prerequisites for the increase in domestic demand, it also will push for increased production. As long as they do not exist, - he adds.
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