Business news from Ukraine

Business news from Ukraine

INDUSTRIAL PRODUCTION IN UKRAINE 3.6% UP IN JAN 2018

26 February , 2018  

Industrial production in Ukraine in January 2018 increased by 3.6% compared to January 2017, the State Statistics Service has said.
The authority said that with the adjustment to the effect of calendar days, industrial production in January 2018 from January 2017 increased by 2.9%.
The service noted industrial production in January this year compared to the previous month fell by 13.9%, however, taking into account the seasonal factor, the growth was 0.2%.
The rise in processing industry in January 2018 from January 2017 was 9.7%, while in mining and quarrying the decrease of 0.2% was recorded. The fall in the supply of electricity, gas, steam and air conditioning was 8.1%, which is most likely due to a higher temperature this year.