• Saturday, 02 November 2024

Industrial production down by 10.4% in March: statistics

Industrial production down by 10.4% in March: statistics

Skopje, 30 April 2024 (MIA) - Industrial production dropped by 10.4 percent in March 2024 compared to March 2023. Production in the first quarter of 2024 dropped by 3.1 percent compared to Q1 of 2023, according to data published by the State Statistical Office on Tuesday.

According to the State Statistical Office, industrial production in the section Mining and quarrying in March 2024, in comparison with March 2023, increased by 1.9%, in the section Manufacturing it decreased by 7.6%, while in the section Electricity, gas, steam and air conditioning supply it decreased by 38.6%.

The decrease in the section Manufacturing is mostly due to decreased production in the divisions Manufacture of food products, Manufacture of tobacco products, Manufacture of wearing apparel, Manufacture of paper and paper products, Printing and reproduction of recorded media, Manufacture of chemicals and chemical products, Manufacture of basic pharmaceutical products and pharmaceutical preparations, Manufacture of basic metals, Manufacture of fabricated metal products, except machinery and equipment and Manufacture of motor vehicles, trailers and semi-trailers, the Office said.

Photo: MIA Archive