Ukraine: Industrial production growth decelerates in FebruaryStaff Writer | March 30, 2018
According to data released by the Statistical Institute, industrial activity in Ukraine rose 1.9% in February over the same month last year, below January’s 3.6% expansion.
Sequential data revealed that industrial production contracted 3.5% over the previous month in February, an improvement from January’s 13.9% fall.
Meanwhile, the trend pointed up and annual average growth in industrial output came in at 0.8% in February (January: +0.3%).
FocusEconomics Consensus Forecast participants project that industrial output will grow 3.0% in 2018, which is unchanged from last month’s forecast. For 2019, panelists expect industrial production to rise 3.2%. ■