Industry in Ukraine

Ukraine Industry | Economic News & Forecasts

Ukraine - Industry

Industrial production contracts in December

According to data released by the Statistical Institute, industrial production fell 3.5% year-on-year in December, compared to a 0.9% drop November. The result reflected a marked contraction in manufacturing output, which more than offset an upturn in mining and quarrying production and strong output growth in the electricity, gas, steam and air conditioning supply sector.

Annual average growth in industrial output slowed to 1.0% in December, from 1.3% in November. Looking at sequential data, industrial production dropped 1.7% month-on-month in December, improving marginally from a 2.1% drop in the previous month.

FocusEconomics Consensus Forecast panelists project that industrial output will grow 2.6% in 2019, which is down 0.2 percentage points from last month’s forecast. For 2020, the panel expects industrial production to rise 2.9%.

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 Rate27.040.30 %Feb 20
Stock Market5540.21 %Feb 20

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