Industrial production down 30.4% yoy in March

According to the State Statistics Committee, Ukraine’s industrial production decline slowed to 30.4% yoy in March, versus 31.6% yoy in February. Industrial production increased 8.3% mom in March. Output in metallurgy dropped 43.1% yoy, machine building nosedived 53.0% yoy, chemicals and petrochemicals fell 29.8% yoy, and food processing industry declined 9.4% yoy in March.