Macedonia's industrial output fell by 2.2% y/y in July, reversing a 4% y/y increase a month earlier, the statistics office said on August 30.
The negative tendency in July came after the industrial output slowed down in the previous month, following strong growth of 9.2% y/y in May.
Only the utilities sector posted a growth in the seventh month of the year, of a modest 2.1%, compared to 18.7% y/y in the previous month.
The manufacturing sector dropped by 2.6% y/y in July, after growing by 2.4% y/y in the previous month.
Mining output was 3.4% lower y/y, after rising by 7.5% y/y a month before.
In the first seven months of 2017 industrial output rose by 0.7%.
Industrial production volume growth, % y/y |
|
|
|
|
|
April’17 |
May’17 |
June’17 |
July’17 |
TOTAL |
-1.9 |
9.2 |
4.0 |
-2.2 |
Main Industrial Groupings |
|
|
|
|
- Energy |
0.4 |
18.1 |
27 |
0.6 |
- Intermediate goods industries, except energy |
-1.2 |
6.8 |
-3.2 |
-5.6 |
- Capital goods industries |
2.8 |
23.5 |
20.7 |
-2.5 |
- Durable consumer goods industries |
-9.1 |
4.9 |
-26.5 |
-14.2 |
- Non-durable consumer goods industries |
-5.2 |
1.6 |
1.9 |
1.4 |
Sections |
|
|
|
|
- Mining and quarrying |
2.9 |
7.7 |
7.5 |
-3.4 |
- Manufacturing |
-2.8 |
8.8 |
2.4 |
-2.6 |
- Utilities |
1.2 |
13.8 |
18.7 |
2.1 |
Source: Statistics office |
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