Business news from Ukraine

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

26 June , 2019  

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%.