Industry in Ukraine

Ukraine Industry | Economic News & Forecasts

Ukraine - Industry

Industrial output rises in October

According to data released by the Statistical Institute, industrial production rose 1.4% on an annual basis in October, swinging from a 1.3% drop in September. The result came on the heels of two consecutive months of contraction and reflected a strong jump in mining and quarrying output as well as a recovery in manufacturing production growth, which more than offset a marked drop in output in the electricity, gas, steam and air conditioning supply sector.

Annual average growth in industrial output remained stable at the previous month’s 1.5% in October. Looking at sequential data, industrial production rose 10.0% month-on-month in October, up from the 1.7% increase in September—the strongest reading in over five years.

Ukraine Industrial Production Forecast

FocusEconomics Consensus Forecast panelists project that industrial output will grow 2.8% in 2019, which is down 0.4 percentage points from last month’s forecast. For 2020, the panel expects industrial production to rise 3.7%.

Ukraine - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)-4.3  -10.1  -13.0  2.8  0.4  

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Ukraine Industry Chart

Ukraine Industry
Note: Annual variation of industrial production in %.
Source: State Statistics Committee of Ukraine (Ukrstat) and FocusEconomics calculations.

Ukraine Facts

Bond Yield19.000.0 %Jul 27
Exchange Rate27.820.30 %Dec 12
Stock Market5740.21 %Dec 12

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