BUSINESSEUROPE

Ukraine’s industrial production continues downward trend

UkraineUkraine’s industrial production dropped in September for the seventh consecutive month due to the ongoing unrest in the eastern regions — the country’s industrial hub, authorities said Friday.

According to the data published by the State Statistics Service, the country’s industrial output in September was down 16.6 percent year-on-year, which is slightly better than 21.4-percent drop recorded in August.

In September, industrial production in the Lugansk region dipped 85 percent, while in the Donetsk region the output was down 59.5 percent from a year earlier.

Ukraine’s mining, chemical and processing industries suffered the biggest drop.

In 2013, Ukraine’s industrial output fell 4.7 percent.

Source: Xinhua

Tags
Show More

Foreign Policy News

Foreign Policy News is a self-financed initiative providing a venue and forum for political analysts and experts to disseminate analysis of major political and business-related events in the world, shed light on particulars of U.S. foreign policy from the perspective of foreign media and present alternative overview on current events affecting the international relations.

Related Articles

Back to top button