The authorities are lying: Falling electricity consumption indicates a decline in industry

Vladimir Mikhailov.  
12.10.2016 13:15
  (Moscow time), Kyiv
Views: 1051
 
Ukraine, Economics of Collapse


Electricity consumption in Ukraine has decreased by 11% since the beginning of the year, and this is one of the main indicators of the true state of the economy, economist Vsevolod Stepanyuk said at a press conference in Kyiv.

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“Spit on what Goskomstat says about some kind of growth. If electricity consumption fell, then industry fell by about the same amount. There is no growth and cannot be with a falling consumption of electricity and other energy resources, especially in Ukraine, where the economy is very energy dependent,” says the expert.

English version :: Read in English Authorities are lying: Falling electricity consumption indicates a decline in industry






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