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Ukraine Industry March 2019

Ukraine: Industrial output rebounds in March

Industrial production rose 2.1% year-on-year in March, compared to the 1.8% dip in February. The result marked the first increase in industrial output following four consecutive months of contraction and was nearly entirely driven by a strong rebound in the manufacturing sector.

Meanwhile, on a seasonally-adjusted month-on-month basis industrial output rose 2.4% in March, compared to a 1.8% contraction in the previous month. Lastly, annual average growth in industrial production ticked up from 0.7% in February to 0.8% in March.

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