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      
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