Industrial output in Ukraine drops 1.9% in Feb 2018

The biggest drop in annual terms was recorded in the production of electrical equipment (16.2%), food industry (4.6%).

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Ukraine's industrial output in February 2018 fell by 1.9% in annual terms, without taking into account the adjustment for the calendar days effect.

Taking said adjustment into account, the fall in industrial output in February was 2% in annual terms, according to the State Statistics Service.

The agency says, in comparison with the previous month, the industrial output in February fell by 3.5% without seasonal adjustment or by 2% taking such adjustment into account.

The report notes that the largest increase in industrial output in February 2018 compared to February 2017 was recorded in the chemical industry (43.1%), production of computers, electronic and optical products (19.3%).

Read alsoNaftogaz to raise gas prices for industry from April 1The biggest drop in annual terms was recorded in the production of electrical equipment (16.2%) and food industry (4.6%).

The agency recalls that the data exclude the temporarily occupied territory of the Autonomous Republic of Crimea and Sevastopol, as well as part of the zone of the Anti-Terrorist Operation.

As UNIAN reported earlier, Ukraine saw a 3.6% rise in industrial output in January 2018 year-over-year, without calendar adjustment.

Adjusted to the effect of calendar days, industrial production in January 2018 from January 2017 increased by 2.9%.

Industrial production in Ukraine in 2017 slid by 0.1% from 2016 after a 2.8% increase in 2016 from 2015.

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