Ukraine: Industrial output growth gains steam in October
Industrial output grew 1.4% year-on-year in October, matching September’s result. October’s stable reading came as slower growth in the mining sector counterbalanced rebounding output in both the manufacturing and energy sectors.
On a seasonally-adjusted monthly basis, Industrial output increased 1.9% in October, rebounding from September’s 1.8% contraction. Meanwhile, annual average industrial production growth rose to 1.7% in October (September: +1.2%).