Ukraine: Industrial output growth ebbs in November
Industrial production grew 1.3% year-on-year in November (October: +1.4 yoy). The reading largely reflected a decline in electricity, gas, steam and air conditioning supply production. However, manufacturing production improved.
On a seasonally-adjusted monthly basis, industrial output slid 0.5% in November, swinging from October’s 1.9% expansion. Meanwhile, annual average growth of industrial production was steady, coming in at October’s 1.7% in November.