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Decline in industrial production in Ukraine in 2015 speeds to 13.4%

Decline in industrial production in Ukraine in 2015 speeds to 13.4%A decline in industrial production in Ukraine in 2015 sped to 13.4% from 10.7% registered in 2014, according to Ukraine's State Statistics Service.

Industrial production in December 2015 from December 2014 slowed to 2.1% from 4.9% in November 2015 year-over-year.

However, industrial production in December 2015 from November 2015 grew by 1% after a 1.7% decline in November 2015 year-over-year.

In particular, production of articles made of rubber and plastic grew by 7.1% in December 2015 year-over-year, while production of coke and petrochemicals increased by 6.2%. Machine-building saw a 5.8% rise in output, the pharmaceutical industry posted a 5.1% increase in production, while mining of metallic ore saw a 5% increase and coal production 2.8% increase.

At the same time, none of the industries demonstrated growth in production in January-December 2015 compared to the same period of the previous year.

The steepest decline in production in December 2015 from December 2014 was seen in electricity and steam generation and gas supplies (10.9%), the chemical industry (8.5%), textile production (7.4%), the food industry (7.3%), crude oil and natural gas production (6.4%).

The steepest decline in production in 2015 from 2014 was demonstrated by coal production (38.1%), production of coke and petrochemicals (21.9%), and metallurgy (16.4%).

The statistical data does not include information from the occupied Crimea and Sevastopol and certain areas in Donbas where the Anti-Terrorist Operation is under way.

Source: UNIAN
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