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Ukraine Industry January 2020

Ukraine: Industrial output contracts at a slower rate in January

Industrial production fell 5.1% over the same month last year in January, up from December’s 7.7% drop. Softer contractions in the manufacturing, mining and quarrying, and utilities supply sectors drove the milder decline in overall output.

Meanwhile, the trend pointed down, with the annual average variation in industrial production coming in at minus 2.0% in January, down from December’s minus 1.6%.

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