Ukraine: Industrial output remains robust
September 16, 2011
In August, industrial production expanded a robust 9.6% over the same month last year, which came in above an already strong 8.7% expansion tallied in July. This acceleration was the result of a stronger growth in manufacturing as well as in mining. In contrast, growth in the production and distribution of electricity, natural gas and water slowed compared to the previous month. Owing to the strong reading, annual average industrial growth remained stable at 9.4% in August.