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|
|TOTAL INDUSTRIAL OUTPUT||1.9||3.9||2.2|
|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|
|Source: Statistics office|
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