Ukraine sees industrial output rise in Oct 2017 after Sep fall

Industrial production in Ukraine increased by 0.4% in October 2017 year-over-year (y-o-y) without taking into account the adjustment for the effect of calendar days, after a 0.3% fall in September 2017 y-o-y, according to the Ukrainian State Statistics Service website.

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The drop in industrial output in October, taking into account the adjustment to the effect of calendar days, accelerated to 0.5% y-o-y after a 0.1% decline in September y-o-y, it said.

The industrial production grew by 6.9% in October 2017 from September 2017, without taking into account seasonal adjustment, while dropped by 0.1% with such adjustment.

The Ukrainian industrial output decreased by 0.2% in January-October 2017 y-o-y.

Read alsoYield of crop production in Ukraine may almost halve in 2017 – experts The largest growth in industrial production in October 2017 y-o-y was recorded in chemical industry (by 38.9%), production of computers, electronic and optical equipment (by 38%), vehicles, trailers and semis (by 22.3%), and manufacture of furniture, etc. (by 21.8%).

The largest decline in annual terms was recorded in the extraction of hard and brown coal (by 25.1%), production of electrical equipment (by 10.5%), and production of coke and refined products (by 10.3%).

The State Statistics Service said that the data excluded reports from temporarily occupied areas in the Autonomous Republic of Crimea, the city of Sevastopol, as well as in the zone of Anti-Terrorist Operation.

Read alsoChina views Ukraine as platform for exports to EU – trade envoyAs UNIAN reported earlier, Ukraine's industrial production shrank by 0.3% in September 2017 y-o-y without taking into account the adjustment for the effect of calendar days, while it dropped by 0.1% with such adjustment, after a 0.1% rise in August 2017 y-o-y.

Ukraine enjoyed a 2.4% increase in industrial output in 2016 against 2015, after the decline over the four consecutive years.

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