Decline in Ukraine's industrial production slows to 13.4% in July

The decline in industrial production in Ukraine in July 2015 slowed to 13.4% from July 2014 against 18.1% in June 2015 year-over-year, according to the State Statistics Service.

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At the same time, industrial production in July 2015 grew by 3.4% from June 2015.

Industrial production January through July 2015 declined by 19.5% year-over-year.

As UNIAN reported earlier, industrial production in Ukraine in January-June fell by 20.5% due to higher production costs, low prices of staples exported by the country, and ongoing armed hostilities in Donbas, which have been undermining Ukraine's industrial potential.

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