Industrial production in Ukraine increased by 13% in April

In April 2021, industrial production in Ukraine grew by 13% compared to April last year, according to the State Statistics Service.

In April 2021, production of steel and finished metal products grew by 29.1%, mining of iron ores by 3.2% y-o-y.

At the same time, with adjustment for the effect of calendar days, the growth in industrial production was more significant, 12.5%. This was 3.2% down from March.

In Q1, industrial production in Ukraine grew by 1.5% compared to the same period a year earlier. In March, the growth was 2.1%.

In 4M, production of steel and finished metal products increased by 5.9%, and mining of iron ores by 3.8% 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%.