Business news from Ukraine

Business news from Ukraine

INDUSTRIAL PRODUCTION IN UKRAINE 2.1% UP IN MARCH

Industrial production in Ukraine in March 2021 increased by 2.1% compared to March 2020, which was the first month of the introduction of quarantine due to COVID-19, and the growth adjusted for the effect of calendar days was 2.4%, the State Statistics Service has said.

The department indicated that the growth of industrial production in March 2021 amounted to 10.9% against the previous month, and on a seasonally adjusted basis – 1.8%.

In the supply of electricity, gas, steam and conditioned air in March 2021 from March 2020, an increase was 7.3%, in processing industry – 2.5%, while the reduction in production in extracting industry was 1.5%.

The State Statistics Service clarified that in the first quarter of 2021 in relation to the same period a year earlier, industrial production in Ukraine decreased by 2%, in particular in mining industry – by 2.8%, processing – by 3.3%, although the supply of electricity, gas and steam gains 4.1% due to substantially colder weather.

As reported, industrial production in Ukraine in 2020 fell by 5.2% after falling by 0.5% a year earlier. At the same time, in December last year, for the first time since May 2019, its growth was recorded compared to the same period last year – by 4.8%.

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DECLINE OF INDUSTRIAL PRODUCTION IN UKRAINE SLOWS

Industrial production in Ukraine in May 2020 decreased by 12.2% compared to May 2019, while in April the decline was 16.2%, in March it was 7.7%, and in February 1.5%, the State Statistics Service said on Tuesday.
The authority said that with the adjustment to the effect of calendar days, the decline of industrial production in May was even slightly less – 11.7% compared to 16.7% in April.
The State Statistics Service said that in April of this year, industrial production in May increased by 4.9%, but, subject to seasonal adjustment by 2.8%.In the processing industry, from May 2020 to May 2019, the decline was 15.6%, in the mining industry and quarrying it was 8.9%, in the supply of electricity, gas, steam and air conditioning – 1.9%.
In general, in January-May this year, industrial production in Ukraine decreased by 8.7% compared to the same period last year, including in the mining industry and quarrying – by 6.6%, in the processing industry – by 10%, in the supply of electricity, gas, steam and air conditioning – by 6.9%.
As reported, industrial production in Ukraine in 2019 decreased by 0.5% compared to 2018.

INDUSTRIAL PRODUCTION IN UKRAINE INCREASES BY 1.6% IN MAY AFTER 5.2% RISE IN APR

Industrial production in Ukraine in May 2019 increased by 1.6% compared with May 2018, after a rise of 5.2% in April, 2.1% in March, and a fall of 1.8% and 3.3% in February and January respectively, the State Statistics Service has reported. The agency said that with the adjustment to the effect of calendar days, industrial production in May 2019 compared with May 2018 also increased by 0.6%.
The service said that compared with the previous month, industrial production in May fell by 0.85%, and taking into account the seasonal factor it dropped by 0.9%.
In general, in January-May 2019, the growth in industrial production compared to the same period of 2018 is 0.9%, according to the State Statistics Service.
The rise in processing industry in May 2019 from May 2018 was 1.1%, in extracting industry and quarrying some 2.3%. The figure in the supply of electricity, gas, steam and conditioned air reduced by 2.5%.

INDUSTRIAL PRODUCTION IN UKRAINE 5.2% UP IN APRIL COMPARED WITH APRIL 2018

Industrial production in Ukraine in April 2019 increased by 5.2% compared with April 2018, after a rise of 2.1% in March and a fall of 1.8% and 3.3% in February and January respectively, the State Statistics Service has reported.
The agency said that with the adjustment to the effect of calendar days, industrial production in April 2019 compared with April 2018 also increased by 4.4%.
The service said that compared with the previous month, industrial production in April fell by 1.8%, and taking into account the seasonal factor it grew by 0.9%.
In general, in January-April 2019, the growth in industrial production compared to the same period of 2018 is 0.6%, whereas in the first three months it fell by 0.9%, according to the State Statistics Service.
The rise in processing industry in April 2019 from April 2018 was 7.4%, in extracting industry and quarrying some 2.7%. The figure in the supply of electricity, gas, steam and conditioned air grew by 0.3%.

INDUSTRIAL PRODUCTION IN UKRAINE INCREASES BY 1.1% IN 2018

Industrial production in Ukraine in 2018 increased by 1.1% compared with 2017, while in December 2018 from December 2017 the decline was 3.5%, the State Statistics Service has reported.
The service said that with the adjustment to the effect of calendar days, industrial production in December 2018 from December 2017 decreased by 2.7%.
It indicated that industrial production in December last year in relation to the previous month decreased by 1.7% and taking into account the seasonal factor by 0.2%.
The decline in processing industry in December 2018 compared to December 2017 was 8.6%, while in mining industry and quarrying there was an increase of 1.8%, and the rise in the supply of electricity, gas, steam and air conditioning was 11.1%.
According to the report, in general, last year, processing industry posted a rise of 0.2%, mining industry and quarrying some 2.1%, the supply of electricity, gas, steam and air conditioning some 2.8%.
According to the State Statistics Service, in 2018 compared with 2017, the highest growth in industry was recorded in Sumy (by 10.4%), Ivano-Frankivsk (by 10%), Chernivtsi (by 5.5%), Zakarpattia (by 4.6%), Zaporizhia (by 3.2%), Mykolaiv (by 2.6%), Dnipropetrovsk and Volyn (by 2.3%) regions.
According to the statistics, industrial production in Luhansk region decreased 18% last year, while in Donetsk region it grew by 2.2%, including in December 2018 compared to December 2017 in Luhansk region the decline was 27% and in Donetsk region an increase of 5.1% was seen (excluding the zone of Joint Forces Operation (JFO).
As reported, the growth of industrial production in Ukraine in 2017 amounted to 0.4%, in 2016 it was 2.4% after a four-year decline: in 2015 it decreased by 13%, in 2014 – by 10.1%, in 2013 – by 4.3%, in 2012 – by 0.7%.

GROWTH OF INDUSTRIAL PRODUCTION IN UKRAINE IN APRIL 2018 ACCELERATES TO 3% – STATISTICS

Industrial production in Ukraine in April 2018 increased by 3% compared with April 2017, while the figure in March 2018 year-over-year was 1%, it was 1.9% in February 2018 and 3.6% in January 2018, the State Statistics Service said on Wednesday.
The authority said that with the adjustment to the effect of calendar days, industrial production in April 2018 rose by the same 3% compared with April 2017, whereas growth in March 2018 from March 2017 was by 1.6%.
Industrial production in April 2018 from March 2018 decreased by 5%, and the drop was 0.6% if the seasonal factor is taken into account.
In January-April 2018, industrial production growth accelerated to 2.6% from the same period of last year, against 2.4% in the first three months. In particular, the mining industry showed an increase from 2.3% to 3.1%, the supply of electricity, gas and steam grew from 2.1% to 3.6%. However, the processing industry demonstrated a slowdown from 2.5% to 2.2%.
The processing industry in April 2018 from April 2017 increased production by 0.8%, the mining industry by 5.6%, while in the supply of electricity, gas and steam grew by 8.6%.
In Luhansk region industrial production grew by 3% in April 2018 year-over-year, and in Donetsk region – by 11.5%.
Growth in industrial production in April 2018 was seen in Ivano-Frankivsk (14.8%), Volyn (8.3%), Poltava (8%), Sumy (6.4%), Kyiv (4%), Cherkasy and Chernivtsi (6.1% each) regions.
As reported, industrial production in Ukraine in 2017 fell by 0.1% after growth by 2.4% in 2016. The decline of 13% was seen in 2015, 10.1% in 2014, 4.3% in 2013 and 0.7% in 2012.

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