Ukrainian industrial output drops on weak exports

Ukraine's industrial production fell 5.2 percent year-on-year in the first nine months of 2013, official data showed Thursday. The country's State Statistics Service attributed the drop to the weak performance of the country's key sectors which form the lion share of Ukraine's exports. From January through September 2013, Ukraine's mining industry saw a yearly decline of 0.7 percent, while processing industry fell 7.9 percent. Official figures also suggest the country's total exports decreased by 9.1 percent to 41.128 billion U.S. dollars in the first eight months of 2013. In 2012, Ukraine's industrial output fell 1.8 percent