Business news from Ukraine

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

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%.

INDUSTRIAL PRODUCTION IN UKRAINE IN MAY INCREASES BY 5.4%

Industrial production in Ukraine in May 2021 increased by 5.4% compared to May 2020, while in April the growth was 13%, in March – 2.1%, and in February and January there was a decline, respectively by 4.6% and 4%, the State Statistics Service has said.
The agency clarified that, adjusted for the effect of calendar days, the growth of industrial production in the past month was the same – 5.4%.
The State Statistics Service indicates that from April this year, industrial production fell by 3.4%, and taking into account the seasonal adjustment – by 3%.
In processing industry in May 2021 from May 2020 the growth was 6.3%, in extracting industry and quarrying – 8%, while the supply of electricity, gas, steam and air conditioning recorded a decline of 3.5%.
In general, for the five months, the service recorded an acceleration in the growth of industrial production to 2.2% from 1.56% following the results of four months. In particular, the growth in processing industry was 2.5%, in the supply of electricity, gas, steam and conditioned air – by 2.9%, in mining industry and quarrying – by 1.2%.

, ,

INDUSTRIAL PRODUCTION IN UKRAINE 2.1% UP IN MARCH 2021

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%.

, ,

GROWTH OF INDUSTRIAL PRODUCTION IN UKRAINE ACCELERATES TO 13% IN APRIL

Industrial production in Ukraine in April 2021 increased by 13% compared to April 2020, while in March the growth was 2.1%, in February and January – a fall of 4.6% and 4%, respectively, the State Statistics Service has said.
The agency clarified that, adjusted for the effect of calendar days, the growth of industrial production in the past month was slightly less – 12.5%.
The State Statistics Service indicates that from March this year, industrial production in April fell by 3.2%, however, taking into account the seasonal adjustment, it increased by 2.7%.
In processing industry in April 2021 versus April 2020, the growth was 18%, in extracting industry and quarrying – 6.9%, in the supply of electricity, gas, steam and conditioned air – 4.5%.
In general, over the four months of this year, industrial production in Ukraine increased by 1.5% compared to the same period last year, including in processing industry – by 1.6%, in the supply of electricity, gas, steam and conditioned air – by 4.2%, in extracting industry and quarrying – decreased by 0.5%.
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 of the previous year – by 4.8%.

,

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%.

, ,

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.