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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