OREANDA-NEWS. August 18, 2008. The July results confirm the fact that the Ukrainian economy stood the impact of world crisis, energetic, food and financial, Economics Minister Bohdan Danylyshyn stated, having noted that the real GDP growth has been accelerated over January-July 2008 and made up 6.5 percent against 6.3 percent over January-June 2008.

Among the types of economic activities, the highest rates of the gross value added are demonstrated by trade (11.8 percent), agriculture (10.8 percent), processing industry (8.4 percent), transport and communications (8.4 percent).

Real growth of industrial production volumes makes up 7.3 percent by results of January-July.

For the Ukrainian industry high production rates are peculiar to types of activities, products of which have an investment trend, the minister noted. Primarily, it is machine building, growth rates make up 28.7 percent. Over seven months, the machine building sector ensured over half of total industrial growth, in particular, production of vehicles and equipment increased by 39.2 percent.

Growth of chemical and petrochemical industry deserves special attention, taking into consideration dependence of this sphere on the price of imported natural gas. In total, growth of production volumes was by 5.2 percent ensured by expansion of the domestic market capacity and a favorable foreign economic situation.

In July, a trend of growth in the volumes of metallurgical production continued (by 3.5 percent over January-July against 3.3 percent in January-June 2008 as compared to the relevant period of 2007), which proves that the sector entered a trajectory of sustainable growth and is a pledge of dynamic development of adjacent types of industrial activities in the following periods, Danylyshyn underscored.