Ukraine March chemical output down by 23% – bank

18 April 2013 14:46  [Source: ICIS news]

LONDON (ICIS)--The slump in Ukraine's export-orientated manufacturing industries showed no sign of easing in March, with chemical output sinking 23% year on year, Kiev-based Raiffeisen Bank Aval said on Thursday.

Overall industrial production fell 5.2% year on year in the month, following February's decline of 6.0%, it added.

The fall in Ukrainian manufacturing output deepened to 9.3% year on year in March, from the 5.6% drop in February, the bank, a subsidiary of Austria-based Raiffeisen Bank International, said.


By: Will Conroy
+44 20 8652 3214



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