Industrial output in Ukraine accelerates to 3% in April

The chemical industry demonstrated the highest growth in April 2018.

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The growth of industrial production accelerated to 3% in April 2018 year-over-year (y-o-y) without calendar adjustment.

Read alsoIndustrial output in Ukraine slows to 1% in March

The industrial output over the period under review shrank by 5% from figure posted in March 2018 y-o-y without calendar adjustment, according to the Ukrainian State Statistics Service website.

Adjusted to the effect of calendar days, the industrial output growth in April was also 3% y-o-y.

The industrial production fell by 0.6% in April 2018 from March 2018, with calendar adjustment.

The highest increase in industrial output in April 2018 y-o-y was recorded in the chemical industry (by 31.1%), while the largest decline in annual terms was recorded in the manufacture of electrical equipment (by 13.1%).

The State Statistics Service said the data excluded reports from the temporarily occupied areas in the Autonomous Republic of Crimea, the city of Sevastopol, as well as Russian-occupied Donbas in the east of Ukraine.

As UNIAN reported earlier, the growth of industrial production slowed to 1% in March 2018 y-o-y from 1.9% in February 2018 y-o-y, without calendar adjustment.

In 2017, Ukraine saw a 0.1% decline in industrial production after a 2.8% increase in 2016.

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