During first nine months of 2020, industrial production in Ukraine falls by 7 percent

Source : 112 Ukraine

In 2019, this index fell by 1.1 percent in comparison with 2018
20:33, 22 October 2020

Industrial production
Open source

In September, the fall of industrial production in Ukraine slowed down to 4.4 percent. This is mentioned in the report by the State Statistics Committee of Ukraine. 

Over the last nine months of 2020, the industrial production in Ukraine fell by sevent percent. 

In August 2020, the index fell by 4.2 percent in comparison with August 2019. 

In 2019, this index fell by 1.1 percent in comparison with 2018.

Related: Ukraine’s industrial production drops by 5.6% in June

Earlier, during the EU-Ukraine summit in Brussels, the sides brought up many issues, including the renewal of the Association Agreement, deepening of Ukraine's integration into various sectors of the European economy - namely, the industrial visa-free regime. President of Ukraine Volodymyr Zelensky said so during his press conference after the summit, as quoted by the press office.

"We paid considerable attention to the implementation of the Association Agreement. We have agreed to make the most of its mechanisms in order to further develop our trade relations and deepen economic integration between Ukraine and the European Union. At the same time, our delegation presented its vision for the renewal of the Association Agreement in the field of trade and sectoral cooperation. The free trade area must correspond to the realities of today - both the Ukrainian economy and the economy and the legislative field of the European Union", the Ukrainian president said.

Related: Ukraine, EU discussed renewal of Association Agreement and industrial visa free regime, - Zelensky

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