observed in recent months, slowing the fall in industrial production in Ukraine achieved through recovery in the steel industry. The opinion of RBC-Ukraine was a senior economist at the International Center for Advanced Studies Ildar Gazizullin.
We really see a decline in the recession that caused a recovery in the steel industry, which occurred in June-July and is likely to continue well into August, - he said.
In doing so, the expert stressed that the metal on world markets have recently witnessed an increase in prices, but demand for steel remains at low level. The likelihood that in the fourth quarter will have a place and a revival in demand for metal persists. And if it does, the increasing demand for metallurgists will help to further increase production, but there was no question of returning to pre-crisis volumes, and by the end of the year in the industry will be a recession, - he said.
in industries oriented to the domestic market, the situation will be worse than in the steel industry, the expert believes. He said this would cause problems with the bank credit and low consumer demand. Consumer sentiment last few months have worsened, public expectations and the unemployment and income rather pessimistic, but to reverse this trend quickly, especially in the consumer market will not be able to. By definition, the domestic market more inertia than the export sector, - he said.
I. Gazizullin predicts that in the second half in Ukraine will be a further reduction in recession promproizvodstva and the end of the year this figure will drop 18-20%. The truth is in many ways this reduction will be achieved through the so-called low statistical base effect , since the industry started to reduce the volume of production last fall, - explained the expert.
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