Industrial production in Ukraine declined by 5.6% in June

Production of steel and finished metal products declined by 3.9%

In June 2020, industrial production in Ukraine dropped by 5.6% against June last year. In May, a decline was 12.2%, preceded by 16.2% in April, 7.7% in March, 1.5% in February and 5.1% in January, according to the State Statistics Service.

At the same time, with adjustment for the effect of calendar days, industrial production in June was more significant, 7.1% against 11.7% in May.

In June this year, production of steel and finished metal products declined by 3.9%, mining of iron ores by 4.8% compared to June 2019.

In the first six months of 2020, industrial production in Ukraine decreased by 8.3% y-o-y.

In January–June, production of steel and finished metal products dropped by 14.2% and mining of iron ores by 5.9% compared to the same period of the previous year.

In 2019, industrial production in Ukraine declined by 1.8% against 2018. Last year, production of steel and finished metal products decreased by 3.1%, whereas mining of iron ores remained unchanged.