Business news from Ukraine

Business news from Ukraine

INDUSTRIAL PRODUCTION IN UKRAINE DOWN BY 0.7% IN SEPTEMBER

25 October , 2021  

Industrial production in Ukraine in September 2021 decreased by 0.7% compared to September 2020, while in August its growth was 0.6%, in July – 0.2%, in June – 1.1%, the State Statistics Service has reported.
The department clarified that, adjusted for the effect of calendar days, industrial production in September 2021 from September 2020 decreased by 0.9% against 0.2% in August, 0.9% in July and 0.7% in June.
The State Statistics Service indicates that compared with August this year, industrial production in the country increased by 2.9%, and, taking into account the seasonal adjustment, decreased by 1.8%.
In processing industry in September 2021 from September 2020, production decreased by 1.1%, in the supply of electricity, gas, steam and conditioned air – by 2.4%, in extracting industry and quarrying – increased by 1%.
In general, over the nine months of this year, industrial production in Ukraine increased by 1.4% compared to the same period last year, in particular in processing industry – by 1.6%, in the supply of electricity, gas, steam and conditioned air – by 1.2%, in extracting industry and quarrying – by 1.2%.
As reported, industrial production in Ukraine in 2020 fell by 5.2% after falling by 0.5% a year earlier.