Data compiled by the Central Statistical Bureau (CSB) show that, compared to May 2017, in May 2018 industrial production output decreased by 1.1 % (according to calendar adjusted data at constant prices).
"A drop was recorded in electricity and gas supply (of 16.4 %), as the warm and dry weather provoked a decline in the production of electricity at hydropower stations and in gas supply to consumers. In turn, an increase in production output was recorded in manufacturing (of 2.9 %), as well as in mining and quarrying (of 7.1 %)," said the CSB.
Compared to April 2018, in May 2018 industrial production output went down by 0.2 % (according to seasonally adjusted data at constant prices), as this was influenced by a drop in electricity and gas supply (of 6.7 %), whereas growth was recorded in manufacturing (1.9 %), as well as in mining and quarrying (9.4 %).
Compared to May 2017, in May 2018 manufacturing turnover increased by 9.6 %. Turnover on the domestic market went up by 11.1 % and in export by 8.8 % (of which by 14.8 % in euro area and by 4.1 % in non-euro area).
Compared to April 2018, in May 2018 manufacturing turnover grew by 5.1 %.
