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Industrial production ticks up in November

Data compiled by the Central Statistical Bureau (CSB) show that, compared to November 2016, in November 2017 industrial production output increased by 3.6 % (according to calendar adjusted data at constant prices). 

Production output rise was recorded in manufacturing (of 9.1 %), mining and quarrying (24.3 %), but a drop was recorded in electricity and gas supply (11.8 %) as production of electricity and gas supply to consumers reduced.

Compared to November 2016, output increase was recorded in all major manufacturing sectors: manufacture of wood and of products of wood (of 2.2 %), manufacture of food products (6.8 %), manufacture of fabricated metal products (26.8 %). The largest output increase was observed in medium-high technologies manufacturing sectors: manufacture of motor vehicles, trailers and semi-trailers (of 39 %), manufacture of machinery and equipment (30.2 %), manufacture of chemicals and chemical products (19.6 %), and manufacture of electrical equipment (18.8 %).

Compared to October 2017, in November 2017 industrial production output grew by 0.6 % (according to seasonally adjusted data at constant prices), of which by 2.7 % in manufacturing and by 4.4 % in mining and quarrying, while in electricity and gas supply there was a drop of 5.7%.

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