Macedonia's industrial turnover rose 6.7% y/y in July after posting a 14.9% y/y growth in June, according to data of the statistics office. The annual growth of industrial turnover has been positive for seven consecutive months, averaging 6.9% in Jan-Jul 2013.
In July alone, domestic turnover, with a 31.1% share in total turnover, dropped by 8.8% y/y. Non-domestic turnover accounted for 68.9% of the total and expanded by 15.6% y/y. Turnover in both mining and manufacturing increased y/y in July, by 4.7% and 6.8%, respectively.
The July breakdown across main industrial groups shows that the positive annual growth of the overall index was driven by energy (up 4.2 times y/y) and capital goods (up 2.2 times y/y). Turnover dropped y/y in the other groups, including intermediate goods except energy (down 0.1%), durable consumer goods (down 15.8%) and non-durable consumer goods (down 15.8%).
The industrial output increased by 3.9% y/y in July.
A total of 164,332 shares of Macedonia’s largest bank Komercijalna Banka were traded on the Skopje bourse on March 22 via two block transactions worth a combined MKD616.24mn (€10.mn), the bank ... more
Standard & Poor’s (S&P) Global Ratings affirmed on March 16 its 'BB-/B' long- and short-term foreign and local currency sovereign credit ratings on Macedonia, keeping the outlook ... more
Hazardous radioactive waste has been kept in the Oncology Clinic in downtown Skopje for decades, and poses a “time bomb” in terms of safety, local media reported, citing officials from the ... more