In June, industrial production contracted 1.4% over the same month last year, contrasting the 1.0% rise observed in May. In fact, the June figure represented the steepest decline seen since October 2009. The deterioration was mainly driven by a steep decline in manufacturing output as well as in the mining sector. On the other hand, the production and distribution of electricity, gas and water category improved over the previous month. Owing to the weaker monthly reading, the trend continues to point downwards, with annual average growth in industrial production falling from 4.2% in May to 3.3% in June.
Industrial production growth falls to an almost three-year low in June
July 23, 2012
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Ukraine Industry Chart
Note: Year-on-year and annual average variation of industrial production in %.
Source: State Statistics Service of Ukraine and FocusEconomics calculations.
Ukraine Economic News
October 26, 2016
Industrial production in Ukraine lost steam in September.
October 10, 2016
In September, consumer prices rose 1.8% from the previous month, which contrasted August’s 0.3% decrease.
September 26, 2016
Industrial production returned to growth in August, after contracting in July.
September 21, 2016
Ukraine’s recovery gained steam in the second quarter, as the country heals from a deep recession.
September 16, 2016
In August, consumer prices fell 0.3% over the previous month, which followed July’s 0.1% decrease.