Industrial production in Ukraine in 2016 increased by 2.4 percent after a decline lasting four years: in 2015 it fell by 13 percent, in 2014 by 10.1 percent, in 2013 by 4.3 percent, and in 2012 by 0.7 percent.
According to the State Statistics Service, in December last year the growth compared to the same month of the previous year accelerated to 4.5 percent compared to 3.7 percent in November and 0.8 percent in October.
According to a new formula of data provision, the agency said that adjusted for the effect of calendar days industrial production in December 2016 from December 2015 increased by 4.8 percent, which is 2.3 percent higher than in November and 1.6 percent than in October.
The service said in December 2016 in relation to the previous month industrial production rose by 1.9 percent, and taking into account the seasonal factor by 2.4 percent.
