KIEV, Sept. 11 – Industrial production in Ukraine will pick up in the fall of 2008, Viktoria Bezverkha, an analyst at Millennium Capital Investment Company, has told Interfax-Ukraine.

"We expect that industrial production will pick up in the fall of 2008, because first, the pace of growth in the industry last year fell, which is the comparative basis for growth this year. Second, it is expected that demand for Ukrainian metals will grow in the fall due to the seasonal rise in industrial activities, which in turn, will boost the indicator of growth in metals sector from 2% to 3%. In addition, the seasonal growth in the prices of products will accelerate processing sector production. Electricity and heat power generation will considerably grow, which makes up a large share of industrial production (14.4% in 2007)," she said.