Ukraine: Industrial output falls at sharpest pace in over four years in March
April 28, 2020
Industrial production fell 7.7% over the same month last year in March, after a 1.5% drop in February and marking the worst result since November 2015. Steeper contractions in manufacturing; mining and quarrying; and utilities supply sectors drove the overall crash in output.
Meanwhile, the annual average variation in industrial production came in at minus 1.5%, down from minus 0.7% in February.
Author: Nicolás J. Aguilar, Economist