• Sunday, 29 September 2024

Industrial production drops 5.1% in August: statistics

Industrial production drops 5.1% in August: statistics

Skopje, 2 October 2023 (MIA) - Industrial production in August 2023 dropped by 5.1% compared to the same month in 2022. In the period January-August 2023 it increased by 0.3% compared to the same period in 2022, State Statistical Office data show. 

 

Industrial production in the section Mining and quarrying in August 2023, in comparison with August 2022, decreased by 8.5%, in the section Manufacturing it decreased by 5.5%, while in the section Electricity, gas, steam and air conditioning supply it increased by 5.7%. 

 

 

The decrease in the section Manufacturing is mostly due to decreased production in the divisions, Manufacture of beverages, Manufacture of tobacco products, Manufacture of textiles, Manufacture of wearing apparel, Manufacture of chemicals and chemical products, Manufacture of rubber and plastic products, Manufacture of fabricated metal products, except machinery and equipment, Manufacture of electrical equipment, Manufacture of machinery and equipment n.e.c., Manufacture of motor vehicles, trailers and semi-trailers and Manufacture of furniture.

 

The industrial production by Main Industrial Groupings in August 2023, in comparison with August 2022, was higher in Energy by 1.1%, but lower in Intermediate goods, except energy by 5.5%, Capital goods by 7.7%, Durable consumer goods by 26.0% and Non-durable consumer goods by 2.8%. 

 

Photo: MIA / State Statistical Office printscreen