Ukraine: Industrial output plunges in June
Industrial production contracted 2.3% over the same month last year in June, which contrasted May’s 1.6% expansion and marked a four-month low. A sharp drop in mining output largely drove the fall.
Meanwhile, on a seasonally-adjusted month-on-month basis, industrial output contracted 4.6% in June, a larger drop than May’s 0.9% contraction. Annual average growth in industrial production fell to 0.3% in June from 0.8%.