Macro EconomyMedium•3 November 2026•
1 min read
Ukraine Industrial Production Drops 9.2% in September Amid Infrastructure Strikes
Key Facts
1Ukraine's industrial production fell by 9.2% year-over-year in September, the sharpest annual decline since February 2023.
Ukraine's industrial production fell by 9.2% year-over-year in September 2026, marking the sharpest annual decline since February 2023. LIGA.net reported that the contraction was driven by strikes targeting steel plants and industrial infrastructure, with the extractive industry shrinking by 10.8% and manufacturing output falling by 7.9%.
The State Statistics Service of Ukraine reported that the supply of electricity, gas, and steam saw the most significant drop at 12.5% year-over-year. On October 29, 2026, the National Bank of Ukraine downgraded its macroeconomic forecast, now expecting the economy to contract by year-end instead of its previous 1.8% growth projection due to the damage to production facilities and logistics.