Macedonia's industrial output rose 9.7% y/y in May, speeding up from a 2.2% y/y increase in April on the back of improved performance in manufacturing and mining, statistics office data showed.
Manufacturing production increased 16.2% y/y last month, accelerating from a 6.5% y/y rise in April. The strongest increase took place in the manufacturing of motor vehicles, trailers and semi-trailers, with the statistics office only saying that the y/y index exceeded 1,000 in May (and also in Jan-May). At the other extreme, production of coke and refined petroleum products dropped 70.6% y/y last month.
Mining output grew 13.9% y/y in May, after edging up 0.4% y/y the month before. On the other hand, the annual decrease in utilities’ production deepened to 26.1% last month from 19.9% in April.
Industrial production grew 4.5% y/y in Jan-May 2014.
| Industrial production volume growth, % y/y | ||||
| Structure | Apr'14 | May'14 | Jan-May'14 | |
| TOTAL | 100.0 | 2.2 | 9.7 | 4.5 |
| Main Industrial Groupings | ||||
| - Energy | 16.2 | -12.9 | -10.8 | -14.2 |
| - Intermediate goods industries, except energy | 31.4 | 6.8 | 6.4 | 10.7 |
| - Capital goods industries | 8.0 | 61.8 | 77.0 | 36.1 |
| - Durable consumer goods industries | 2.5 | -10.6 | -19.7 | -4.5 |
| - Non-durable consumer goods industries | 42.0 | -4.1 | 10.9 | 2.8 |
| Sections | ||||
| - Mining and quarrying | 11.9 | 0.4 | 13.9 | 2.5 |
| - Manufacturing | 75.5 | 6.5 | 16.2 | 9.7 |
| - Utilities | 12.6 | -19.9 | -26.1 | -19.2 |
| Source: Statistics office |
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