Ukraine Industry June 2018


Ukraine: Industrial production growth slows in June

July 27, 2018

According to data released by the Statistical Institute, industrial output rose 2.2% in annual terms in June, decelerating from May’s 2.5% increase. The moderation came on the back of a contraction in mining and quarrying output, while manufacturing output grew modestly.

Meanwhile, annual average growth in industrial output fell from 1.7% in May to 1.5% in June. Looking at sequential data, industrial production grew a meager 0.2% month-on-month in June, notably below May’s 3.1% increase.

FocusEconomics Consensus Forecast participants project that industrial output will grow 2.9% in 2018, which is down 0.1 percentage points from last month’s forecast. For 2019, panelists expect industrial production to rise 3.2%.

Author:, Research Team Manager

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Ukraine Industry Chart

Ukraine Industry June 2018

Note: Year-on-year and annual average variation of industrial production in %.
Source: State Statistics Service of Ukraine and FocusEconomics calculations.

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