Ukraine: Industrial output records small drop in July
Industrial production contracted 0.2% over the same month last year in July, a smaller drop than June’s 2.3% decrease. A recovery in mining and quarrying activity drove the improved result.
Meanwhile, on a seasonally-adjusted month-on-month basis, industrial output expanded 3.6% in July (June: -1.3% mom). Annual average growth in industrial production fell to zero in July from 0.3% in June.