Industrial production output up nearly 8% in June

Data compiled by the Central Statistical Bureau (CSB) show that, compared to June 2016, in June 2017 industrial production output increased by 7.8 % (according to calendar adjusted data at constant prices). 

The changes were influenced by the rise in manufacturing and mining and quarrying of 10.1 % and 13.5 %, respectively, as well by 2.2 % decline in electricity and gas supply.

Compared to the corresponding month of the previous year, the most notable output increase was recorded in high- and medium-high-tech industries: manufacture of machinery and equipment (of 43.7 %), manufacture of motor vehicles, trailers and semi-trailers (41.3 %), manufacture of chemicals and chemical products (39.2 %), manufacture of electrical equipment (23.6 %), and manufacture of computer, electronic and optical products (20.9 %).

Significant industrial output rises were observed also in manufacture of food products (of 10.1 %) and manufacture of fabricated metal products, except machinery and equipment (13.5 %). 

A reduction was registered only in three manufacturing sectors: manufacture of wood and of products of wood (of 0.5 %), manufacture of textiles (2.9 %), and repair and installation of machinery and equipment (24.5 %).

Compared to May 2017, in June 2017 industrial production output dropped by 0.4 % (according to seasonally adjusted data at constant prices), of which by 3.3 % in mining and quarrying and by 4.2 % in electricity and gas supply, whereas in manufacturing there was an increase of 0.7 %.

Compared to June 2016, in June 2017 manufacturing turnover increased by 11.7 % (according to calendar adjusted data at current prices).Turnover on the domestic market grew by 7.5 % and in export by 16.6 % (rise of 21.1 % in euro area and of 13.2 % in non-euro area).

Compared to May 2017, in June 2017 manufacturing turnover declined by 0.2 % (according to seasonally adjusted data), of which turnover on the domestic market dropped by 1.1 % and in export there was an increase of 0.8 % (rise of 0.9 % in euro area and decrease of 2 % in non-euro area).

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