The decline in industrial production in Ukraine in August – excluding adjustments for the calendar days effect – accelerated to 5.3% YoY after falling by 4.2% in July, the State Statistics Service reported.
Taking into account the adjustment for the effect of calendar days, industrial output in August fell by 4.2%.
August’s industrial output decreased by 3.5% MoM, excluding the adjustment for the calendar days effect, and by 0.1% – with such adjustment.
In the context of the main activities: in the extractive industry and quarrying in August, the drop amounted to 0.1% YoY, in processing industry – to 7.7% and in the electricity, gas, steam, and conditioned air supply – to 4.6%.
In the context of major industrial groups: the annual production decline for intermediate consumption goods stood at 4.2%, for investment goods – at 27%, for short-term-use consumer goods – at 0.9% and for energy – at 1.3%.
Production of consumer durables increased by 5%. (UNIAN/Business World Magazine)