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A third of Ukrainian industrial enterprises predict en increase in the selling prices of products, and 25% have increased production.

A third of Ukrainian industrial enterprises predict en increase in the selling prices of products, and 25% have increased production.

Two businessmen walking around storage.

Every third industrial enterprise expects to raise the selling prices of their goods in the next three months. At the same time, the dynamics of the corresponding expectations decreased compared to the beginning of the year, according to the State Statistics Service’s study, Expectations of industrial enterprises in May 2024.

According to the assessment of leaders and managers of the industrial sector in Ukraine as a whole, production volume increased in 25% of companies and was unchanged in 50%. In another quarter of industrial enterprises, the number of orders decreased. 59% of industrial enterprises have the typical number of orders for the season, but 39% of managers estimate the number of orders to be significantly lower than usual.

Also, 55% of the surveyed managers noted that it is rather difficult to predict business performance in the near future and 41% consider it a difficult task, although possible.

 

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