Industrial production output up 6.3 % in March

Data compiled by the Central Statistical Bureau (CSB) show that, compared to March 2021, in March 2022, industrial production output rose by 6.3 % (according to calendar adjusted data at constant prices). 

An output increase was registered in manufacturing (of 10 %) and mining and quarrying (9.2 %). In turn, the supply of electricity and gas decreased by 18.6 % due to a decrease in the volume of electricity produced in CHP plants as well as in gas supply to consumers.

In March this year, out of 22 manufacturing sectors, 16 sectors showed a production output rise. Significant production output rises, compared to the corresponding period of the previous year, were registered in repair and installation of machinery and equipment (of 34.2 %), printing and reproduction of recorded media (29.8 %), manufacture of beverages (28.2 %), manufacture of chemicals and chemical products (20.3 %) and manufacture of textiles (20.1 %).

Two of the three largest manufacturing sectors by share also recorded output growth – manufacture of wood and of products of wood and manufacture of fabricated metal products, except machinery and equipment (of 16.7 % and 5.9 %, respectively).

Adecline in output in March was again registered in manufacture of computer, electronic and optical products (of 13.8 %) and manufacture of paper and paper products (13.7 %), as well as the second largest manufacturing sector – food production (0.2 %).

Compared to February 2022, in March 2022, industrial production output rose by 3.5 % (according to seasonal adjusted data at constant prices). Production output in manufacturing increased by 3.3 %, but in mining and quarrying – fell by 2.3 % and in electricity and gas supply – by 1.4 %.

Compared to March 2021, in March 2022, manufacturing turnover, according to calendar adjusted data at current prices, increased by 26.7 %, turnover in the domestic market increased by 25.3 % and export turnover – by 27.4 % (of which by 42 % in euro area and by 17.2 % in non-euro area).

Compared to February 2022, in March 2022 manufacturing turnover, according to seasonally adjusted data, rose by 5 %, turnover in the domestic market increased by 8.3 % and export turnover – by 3.4% (of which by 4.7 % in euro area and by 2.3 % in non-euro area).

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