Industrial production growth in Ukraine slowed down to 0.2% in July

Production of steel and finished metal products grew 8.4%

In July 2021, industrial production in Ukraine grew by 0.2% against July last year. In June, the growth was 1.1%, according to the State Statistics Service.

In July 2021, production of steel and finished metal products grew by 8.4%, and mining of iron ores by 13.3% y-o-y.

With adjustment for the effect of calendar days, however, the growth in industrial production in July was more significant — 0.9%. The growth was 3.2% against June this year.

In January–July, industrial production in Ukraine increased by 1.8% y-o-y.

In 7M, production of steel and finished metal products jumped by 7.4%, and mining of iron ores by 6.3% y-o-y.

In 2020, industrial production in Ukraine declined by 5.2% against 2019. Last year, production of steel and finished metal products decreased by 9.1%, whereas mining of iron ores by 2.4%.