Wednesday June 28 2017
Ukraine Industrial Production at 1.20 percent
Ukraine's industrial production rose 1.2 percent year-on-year in May 2017, following a 6.1 percent drop in the previous period and better than market expectations of 2.2 percent decline. It was the first increase in four months, as output went up for manufacturing (6.1 percent from -2.8 percent in April) and fell less for mining (-4.6 percent from -12.3 percent). In contrast, electricity, gas, steam and air conditioning supply declined further (-9.6 percent from -8.5 percent). On a monthly basis, industrial output rose 3.4 percent.