Industry in Ukraine
Ukraine - Industry
Industrial output sinks to over four-year low in December
Industrial production plunged 7.7% over the same month last year in December, marking the worst reading since July 2015. The result was slightly below November’s 7.5% drop. A comprehensive release of performance by sub-sectors has not yet been made available.
Meanwhile, the trend pointed down, with annual average variation in industrial production coming in at minus 1.8% in December, from November’s minus 1.4%.
FocusEconomics Consensus Forecast panelists project that industrial output will grow 1.9% in 2020, which is unchanged from last month’s forecast. For 2021, the panel expects industrial production to rise 2.9%.
Ukraine - Industry Data
|Industrial Production (annual variation in %)||-10.1||-13.0||2.8||0.4||1.6|
5 years of economic forecasts for more than 30 economic indicators.
Ukraine Industry Chart
Source: State Statistics Committee of Ukraine (Ukrstat) and FocusEconomics calculations.
|Bond Yield||19.00||0.0 %||Jul 27|
|Exchange Rate||23.70||0.30 %||Jan 01|
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February 13, 2020
Consumer prices rose 0.2% month-on-month in January, contrasting December’s 0.2% fall.
January 30, 2020
At its 30 January meeting, the National Bank of Ukraine (NBU) decided to cut the key policy rate to 11.00% from 13.50%.
January 28, 2020
Industrial production plunged 7.7% over the same month last year in December, marking the worst reading since July 2015.
January 13, 2020
On 7 December, Ukraine and the IMF announced a three-year USD 5.5 billion arrangement under the Extended Fund Facility (EFF), which, if approved by the lender’s Executive Board, would represent the third support package by the Fund since the 2014 recession.
January 9, 2020
Consumer prices decreased 0.2% month-on-month in December, contrasting November’s 0.1% increase.