Ukraine: Industrial output growth quickens in August
September 22, 2021
Industrial output grew 0.6% year-on-year in August (July: +0.2% yoy). August's upturn largely reflected a marked rebound in manufacturing and came despite a swing into contraction in the mining and quarrying sector.
On a seasonally-adjusted monthly basis, factory output fell 0.6% in August, contrasting July’s 1.4% rise. Meanwhile, annual average industrial production growth rose to 1.0% in August (July: +0.6%), signaling an improving trend in the industrial sector.