In January 2024, industrial production increased by 1.1% in unadjusted data compared to December 2023 due to rises in manufacturing (+2.1%) and the electricity, gas, steam and air conditioning supply (+0.9%). Mining and quarrying dropped 10.3%.
When adjusted for seasonality and the number of working days, industrial production decreased by 3.4% in January 2024 compared to December 2023 due to the drops reported for the three industrial sectors: manufacturing (-3.5%), mining and quarrying (-2.1%) and the electricity, gas, steam and air conditioning supply (-0.3%).
Compared to January 2023, industrial production decreased by 4.0% in unadjusted data due to drops recorded for mining and quarrying (-7.5%), manufacturing (-4.0%) and the electricity, gas, steam and air conditioning supply (-2.4%).
When adjusted for seasonality and the number of working days, industrial production was down 3.9% in January 2024 compared to January 2023 due to declines in mining and quarrying (-7.4%), manufacturing (-4.0%) and the electricity, gas, steam and air conditioning supply (-2.4%).