Industrial production up on year, down on month

Data released by the Central Statistical Bureau (CSB) December 4 show that, compared to October 2016, in October 2017 industrial production output increased by 5.4 % (according to calendar adjusted data at constant prices).

A production output rise was recorded in manufacturing (of 5.9 %), mining and quarrying (10.7 %) and electricity and gas supply (3 %).

Compared to the corresponding month of the previous year, output increases were recorded in manufacture of motor vehicles, trailers and semi-trailers (of 42.7 %), manufacture of chemicals and chemical products (25.4 %), and manufacture of electrical equipment (17 %).

Output increase was observed also in the manufacturing sectors having the largest share in the industrial production: manufacture of wood and of products of wood and cork (of 1.3 %), manufacture of food products (2.1 %), and manufacture of fabricated metal products, except machinery and equipment (16.1 %).

Compared to October 2016, in October 2017 manufacturing turnover increased by 9.3 %.

However, compared to September 2017, in October 2017 industrial production output fell by 2 %.

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