Macedonia’s industrial output rises 3.9% y/y in July 2013.

By bne IntelliNews August 27, 2013

Macedonia's industrial production volume index increased by 3.9% y/y in July, after rising by 1.9% y/y in June, on the back of higher manufacturing output, according to data of the statistics office. Industrial production rose by 2.2% y/y in Jan-Jul 2013.

Manufacturing production grew 7.3% y/y in July, up from 1.9% in June. The highest increase was registered in repair and installation of machinery and equipment while the manufacturing of coke and refined petroleum products went down the most - by 85.4% y/y.

Although output growth was positive in mining in July, it slowed down significantly from the previous month (3.3% y/y compared to 6.7% y/y in June).

The annual decrease in the utilities’ output widened from 2.7% in June to 15.5% in July.

Industrial production volume indices, % y/y      
  Jun-13 Jul-13 Jan-Jul/13
TOTAL INDUSTRIAL OUTPUT 1.9 3.9 2.2
Energy -4.4 -16.7 1.3
Intermediate goods industries, except energy 5.3 11.6 -3.0
Capital goods industries 10.0 16.6 7.5
Durable consumer goods industries -17.1 2.3 3.1
Non-durable consumer goods industries 1.4 5.1 5.8
Mining and quarrying 6.7 3.3 8.7
Manufacturing  1.9 7.3 0.7
Utilities -2.7 -15.5 5.1
Source: Statistics office      

Related Articles

Southeast Europe's biggest synthetic drugs lab found in Macedonia

Macedonia’s Public Prosecutor's Office said on December 1 it has discovered the biggest laboratory producing synthetic drugs in Southeast Europe in the northwestern city of Tetovo. The lab, ... more

Bulgaria, Macedonia plan feasibility study for link to reduce dependence on Russian gas

Bulgarian state-owned gas transmission system operator Bulgartransgaz and Macedonian energy company MER Skopje have signed an agreement on the start of a ... more

Profits slump at sole Macedonian refinery OKTA

Macedonia's sole oil refinery OKTA posted 51% y/y lower net profit in the first nine months of the year of MKD132.5mn (€2.1mn), despite its higher revenues, the company said on November ... more

Dismiss