Business news from Ukraine

GROWTH OF INDUSTRIAL PRODUCTION IN UKRAINE SLOWS TO 1.1% IN JUNE

22 July , 2021  

Industrial production in Ukraine in June 2021 increased by 1.1% compared to June 2020, while in May the growth was 5.4%, and in April – 13%, the State Statistics Service has reported.
The agency clarified that, adjusted for the effect of calendar days, the growth of industrial production in the past month was even lower – 0.7%.
The State Statistics Service indicates that compared with May this year, industrial production remained at the same level, and, taking into account the seasonal adjustment, decreased by 0.7%.
The growth in processing industry in June 2021 from June 2020 was 2.5%, in extracting industry and quarrying – 2.5%, while in the supply of electricity, gas, steam and air conditioning a decline was 5.5%.
In general, for the first half of the year, the department also recorded a slowdown in the growth of industrial production to 2.1% from 2.2% in the first five months. In particular, in processing industry the rate remained the same – 2.5%, while in the supply of electricity, gas, steam and conditioned air the rate decreased from 2.9% to 1.7%, and in extracting industry and quarrying it rose from 1.2% to 1.4%.