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Ukraine Industry June 2018

Ukraine: Industrial production growth slows in June

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.

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