Economy Ministry predicts 13.5-14% drop in industrial production

At the same time the ministry reports on resumed growth in the mining industry, as well as the decline in the food industry due to lack of raw materials, according to the ministry’s website.

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The Ministry of Economic Development and Trade predicts decline in industrial production in 2015 at 13.5% -14%.

The ministry also reported on growth in mining industry by 6.7% in August, while production of coke and refined petroleum products rose by 24.7% in the same period.

Suspended car production (first time since 2008) and decline in food industry due to the lack of raw materials are listed among the negative August trends.

Read alsoDecline in Ukraine's industrial production in August slows to 5.8%As UNIAN reported earlier, the decline in industrial production in Ukraine in August 2015 compared to August 2014 slowed to 5.8% from 13.4% recorded the previous month.

In January-August, the decline in industrial production was at 18% year over year.

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