: :inin Kyiv (EET)

Industrial output in Ukraine drops 4.6% following January growth

Ukraine`s industrial output in February 2017 fell by 4.6% in annual terms, without taking into account the adjustment for the calendar days effect, after rising 5.6% a month earlier, according to the State Statistics Service.

Taking into account the calendar days effect adjustment, the fall in industrial output in February was 1.7% in annual terms following a 5.2% growth in January 2017, the report says.

The agency says, in comparison with the previous month, the industrial output in February fell by 2.2% without seasonal adjustment, or by 2.5%, taking such adjustment into account.

The report notes that the largest drop in industrial output in February 2017 compared to February 2016 was recorded in the production of computers, electronic and optical products (33.7%), mining of hard and brown coal (25.9%), production of coke and petroleum products (23.3%).

The biggest drop against January was recorded in the extraction of hard and brown coal (24.7%), production of coke and petroleum products (20.6%), production of electricity, gas and steam (12.1%).

The agency recalls that the data exclude the temporarily occupied territory of the Autonomous Republic of Crimea and Sevastopol, as well as part of the zone of the Anti-Terrorist Operation.

Earlier, the industrial output in January 2017 increased by 5.6% in annual terms, without the adjustment for a calendar days effect, and by 5.2% without such adjustment.

The rise of industrial output in Ukraine in 2016 compared to 2015 was at 2.4% following a continued decline for four consecutive years (2012-2015).


Submit a Comment

Your email address will not be published. Required fields are marked *

Pin It on Pinterest

Share This

Share this post with your friends!