Industrial production in Ukraine slid 7.7 percent from a year earlier in December 2019, following a 7.5 percent decline in the previous month and worse than market expectations of a 3.7 percent drop. It was the seventh straight monthly decrease and the sharpest drop in industrial activity since July 2015. Production fell for manufacturing (-5.4 percent), electricity, gas steam & air conditioning supply (-15.7 percent) and mining & quarrying (-8.5 percent). On a monthly basis, industrial production went down 1.7 percent, after a 4.6 percent slump.
Industrial Production in Ukraine averaged -1.28 percent from 2000 until 2019, reaching an all time high of 17.60 percent in April of 2010 and a record low of -33.80 percent in January of 2009. This page provides - Ukraine Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: State Statistics Service of Ukraine
Industrial Production in Ukraine is expected to be 1.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Ukraine to stand at 2.20 in 12 months time. In the long-term, the Ukraine Industrial Production is projected to trend around 1.00 percent in 2020, according to our econometric models.