• Saturday, 02 November 2024

Industrial production drops 7.9 percent in September: statistics

Industrial production drops 7.9 percent in September: statistics

Skopje, 31 October 2024 (MIA) - Industrial production in the period January - September 2024, compared to the same period in 2023, dropped by 4.2 percent, while industrial production in September 2024, compared to the same month in 2023, dropped by 7.9 percent, the State Statistical Office said on Thursday. 

The industrial production in the section Mining and quarrying in September 2024, in comparison with September 2023, decreased by 7.5%, in the section Manufacturing it decreased by 6.6%, while in the section Electricity, gas, steam and air conditioning supply it decreased by 10.0%.

The decrease in the section Manufacturing is mostly due to decreased production in the divisions, Manufacture of beverages, Manufacture of textiles, Manufacture of wearing apparel, Manufacture of chemicals and chemical products, Manufacture of basic pharmaceutical product and pharmaceutical preparations, Manufacture of rubber and plastic products, Manufacture of other nonmetallic mineral products, Manufacture of basic metals, Manufacture of fabricated metal products, except machinery and equipment, Manufacture of machinery and equipment n.e.c. and Manufacture of furniture.

The industrial production by Main Industrial Groupings in September 2024, in comparison with September 2023, was lower in Energy by 14.9%, Intermediate goods, except energy by 12.2%, Durable consumer goods by 3.8% and Non-durable consumer goods by 5.9%, while higher in Capital goods by 2.4%. 

Photo: MIA