KIEV, Oct. 5 – Deflation is more damaging to the Ukrainian economy than inflation, according to NBU Council chief Ihor Prasolov.

"Deflation really does do more harm that inflation, as there are no economic incentives for economic operation," he said by phone in Kiev on Thursday.

KIEV, Oct. 8 – Industrial prices in Ukraine grew by 0.2% in September from August, which saw a 0.5% rise compared to July, according to the State Statistics Service.

KIEV, Oct. 8 – The interagency commission for international trade, under an initiative of Karpatnaftokhim LLC (Kalush, Ivano-Frankivsk region), has launched an antidumping investigation into imports of suspension polyvinylchloride production (PVC-S) to Ukraine from the United States, reads a report of the commission published in the Uriadovy Kurier newspaper.

KIEV, Oct. 8 - Ukraine will break ground on November 15 on a $1 billion liquefied natural gas terminal on the Black Sea, the head of a state agency overseeing the project said Monday.

Vladyslav Kaskiv, the head of the State Investment and National Projects Management Agency, said a pool of undisclosed investors is currently creating a consortium that will finance the project.

KIEV, Oct. 8 - Ukraine is looking at ways of reducing “excessively high” prices of natural gas for its steel and chemical companies, Prime Minister Mykola Azarov said Monday.

KIEV, Oct. 6 – Representatives of South Korea's Posco steel company, which is Asia's third largest steelmaker, have signed a memorandum of mutual understanding and cooperation with the Metinvest Group, one of Ukraine's largest mining and metallurgical holdings.

KIEV, Oct. 7 – The situation with the implementation of the Ukrainian national budget will continue worsening in 2009 in the light of a jump in the state debt, according to former finance minister and the head of the fund for reform support, Viktor Pinzenyk.

KIEV, Oct. 8 – It is expedient for Ukraine to return to the foreign loan market in February-April 2010, as in early 2010 the country could agree on more favorable terms for fund raising, according to Deputy Finance Minister Andriy Kravets.

KIEV, Oct. 8 - Ukraine’s biggest oil refinery UkrTatNafta on Thursday received the first shipment of Caspian Sea crude - an alternative to Russian oil - ending a two-year boycott from Russian oil companies, an official said.

KIEV, Oct. 6 - RPG Industries has bought 20.79% of Ferrexpo plc, whose main asset is iron ore producer Poltava Mining, from the company's core owner, Kostiantyn Zhevaho, Ferrexpo said in a statement for the London Stock Exchange.