Thursday, February 16, 2017

Economic indicators: output

The latest numbers from the State Committee for Statistics of Ukraine show that the mining industries decreased output by 0.3% last year, compared with 2015.

The enterprises that produce food, tobacco and drinks increased output by 3.9%.

Woodworking enterprises, pulp and paper, printing industries and publishing houses increased output by 0.8%.

Metallurgical plants and metalworking industry enterprises increased output by 5.9%.

The manufacture of pharmaceuticals rose by 3.9%.

Last year production of coke and petroleum products rose by 8.1%, compared with 2015.

At the same time, critics agree that owing to the Poroshenko regime heavy industry has been choked by obstructions on cooperation with its natural Russian partners. For instance, Antonov, the iconic airplane manufacturer, found itself almost bankrupt earlier this year. This was especially sad, given that Ukraine had been an aviation superpower in its own right, punching way above its size.

Funnily enough, niches like a ski manufacturing industry have done well in the western edge (around fanatically pro-Brussels Lvov). That said, no country has ever been built on making skiing gear. And to even attempt such a thing would be the start of a slippery slope.

No comments:

Post a Comment