Industrial production index in Ukraine decreased to 19.5%
11:22, 31 August 2015

Industrial production index in Ukraine decreased to 19.5%

Statistics Service reports on agricultural production and livestock reduction during 2015

11:22, 31 August 2015

industry agriculture
State Statistics Service released a report on various indexes of Ukrainian economy since January 2015. The results revealed a reduction in the industrial production index, agricultural production, and livestock.  For the last seven month, industrial production index decreased by 19.5% in comparison with the same period of 2014. The most disappointing results showed coal mining (lignite and bituminous coal) – 54% and iron ore – 10%. In mechanical engineering, in addition to the machinery repair industry, the production index is 77.9%. Computer-integrated manufacturing, electronic and optical products production index is 62.2%, and 84.5% for electrical equipment (in comparison with the last year results).

The volume of agricultural production in Ukraine decreased by 3.5% in comparison with the same period of the last year. The average selling price of agricultural products by agricultural enterprises increased by 57%. Particularly, the significant reduction is observed within cows (77%); pigs (51%), sheep and goats (88%), poultry (52%), states Statistics Service.

Related: Ukraine raises its subsistence minimum to $63 per month

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