Decline in industrial production in Ukraine slows to 5.6% in June

REUTERS Ukraine saw a decline in industrial production by 5.6% in June 2020 year-over-year (y-o-y) without calendar adjustment after a 12.2% decrease in May 2020. WIth calendar adjustment, industrial production in June 2020 fell by 7.1% y-o-y, the State Statistics Service of Ukraine said on its website. Read alsoUkraine&#39;s Statistics Service lists foodstuffs seeing biggest price hikes in 2020 However, industrial production in June 2020 compared to May 2020 grew by 4.1% without calendar adjustment and by 3.4% with calendar adjustment. The mining industry alone saw a 4.9% drop in June 2020 vs June 2019, while output in the processing industry decreased by 6.2%. The supply of electricity, natural gas, steam and air conditioning services fell by 4%. Split by major industrial groups, goods for intermediate demand showed a 4% decline in production, while production of capital goods fell by 26.1% and that of fast-moving consumer goods slid by 1.1%, energy generation fell by 3.5%. However, durable goods saw a 5% increase in output. As UNIAN reported earlier, a decline in industrial production in Ukraine in May 2020 y-o-y (against May 2019) slowed to 12.2% without calendar adjustment after a 16.2% decrease reported in April 2020.

Decline in industrial production in Ukraine slows to 5.6% in June

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