Chem output in Ukraine down 22% in June amid broad slump: bank

19 July 2013 17:10  [Source: ICIS news]

LONDON (ICIS)--A broad-based June production slump in Ukraine included a 22% year-on-year decline in chemical output, a bank said on Friday.

Overall industrial production was down 5.7%, while manufacturing output fell 8.4%, Ukraine's Raiffeisen Bank Aval added.

The bad figures were mostly down to weak external demand, the bank said.

Looking at the first half of this year, it noted that construction suffered a “disastrous performance”, sinking 19.2% year on year.

By: Will Conroy
+44 20 8652 3214

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