18:51 22.08.2017

Industrial production in Ukraine 2.6% down in July year-over-year

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Industrial production in Ukraine 2.6% down in July year-over-year

Industrial production in Ukraine in July 2017 declined by 2.6% year-over-year, against a 3.8% rise in June 2017 from June 2016 and a 1.2% rise in May 2017 from May 2016, the State Statistics Service of Ukraine has said.

The authority said that this is linked to a decline in mining and quarry development industry by 9.4%, a 10.2% decrease in the supply of electricity, gas, steam and conditioned air, while processing industry saw a 2.5% rise.

With adjustment for the effect of calendar days, industrial production in July 2017 decreased by 2.2% compared to July 2016.

Industrial production in July 2017 from June 2017 grew by 0.3%, a seasonally adjusted decline was 1.3%, the State Statistics Service said.

In January-July 2017, industrial production in Ukraine decreased 0.7% year-over-year. A decline of 6.5% was recorded in mining industry and quarry development, a fall of 6.3% in the supply of electricity, gas, steam and conditioned air, and a 3.5% rise in processing industry.

As reported, industrial production in Ukraine in 2016 grew by 2.4% after a four-year decline: in 2015 it fell by 13%, in 2014 by 10.1%, in 2013 by 4.3%, and in 2012 by 0.7%.

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