Ukraine’s industrial output rises 1.6% in May 2019

Ukraine’s industrial output rises 1.6% in May 2019

Ukrinform
The volume of Ukraine’s industrial production grew by 1.6% in May 2019 compared with the relevant month last year, the Economic Development and Trade Ministry wrote on Facebook.

"The Ukrainian industry continues to grow steadily! Thus, in May 2019, the volume of industrial production increased by 1.6% compared to the relevant period last year. The following industrial sectors showed the best development levels: chemical production + 6.7%, metallurgical production +6.5%, extractive industry +4.6%, food, beverages and tobacco products manufacturing sector +3.7%, pharmaceutical production +3.4%, coke and petroleum products manufacturing sector +2.7%, processing industry +0.7%,” reads a report.

According to experts, the positive evolution of industrial development will be maintained, first of all, due to the extractive and processing industry in conditions of high investment activity and demand growth.

As the State Statistics Service earlier reported, Ukraine’s industrial production in April 2019 grew by 5.2% compared to April 2018, after a 2.1% increase in March, and a fall in February and January 2019 - by 1.8% and 3.3%, respectively.

iy


Let’s get started read our news at facebook messenger > > > Click here for subscribe

While citing and using any materials on the Internet, links to the website ukrinform.net not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website ukrinform.net and to the website of a foreign media outlet. Citing and using materials in offline media, mobile apps, Smart TV are allowed only with written permission from Ukrinform. News and publications marked as "Advertisement" and "PR" and articles in the section "Releases" include promoted content, and an advertiser is responsible for the content.

© 2015-2019 Ukrinform. All rights reserved.

Website design Studio Laconica

Extended searchHide extended search
By period:
-