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NBU the increase in the index of production of basic industries at 0.4% in December and a decrease of 20,2% in 2009

Feb 17th, 2010 | By admin | Category: Main News

National Bank of the increase in the basic branches of production index (a measure similar to GDP) to 0.4% in December 2009 and a decrease of 20,2% in 2009 as a whole.

This is stated in the message NBU.

"basic branches of production index for the month (December) increased slightly compared to December 2008 to 0,4%. The fall of the index for the year slowed to 20,2%," - said the report.

According to the National Bank, the decrease in the index for January-November 2009 amounted to 21,7% compared to same period in 2008, for January-October 2009 reduced this figure was 23,4% compared with January-October 2008.

main reasons for the positive trend of the index in December 2009, the NBU calls some improvement in the industry, as well as the statistical effect of the low comparative base in December 2008.

industries to contribute to improve the dynamics of the index, according to the National Bank of Ukraine are: machinery (7.9% in December), metallurgy (2.1%), production and distribution of electricity, gas and water (14.7%).

Following in 2009 as a whole, as the NBU, the greatest decline was observed in construction (-48.2% in 2009), retail trade (-16.6%).

Agriculture for the year showed an insignificant positive dynamics (0.1%).

As reported, in November 2009 index of production of basic industries increased by 0,1% compared to November 2008 and January-November 2009 - decreased by 21,7% compared with January-November 2008.

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