In March 2024, industrial production increased by 8.1% in unadjusted data compared to February 2024 due to rises in manufacturing (+9.3%) and and mining and quarrying (+8.0%). Electricity, gas, steam and air conditioning supply dropped 0.1%.
When adjusted for seasonality and the number of working days, industrial production increased by 3.9% in March 2024 compared to February 2024 due to rises reported for manufacturing (+5.0%) and the electricity, gas, steam and air conditioning supply (+1.0%). Mining and quarrying dropped 2.2%.
Compared to March 2023, industrial production decreased by 4.2% in unadjusted data due to drops recorded for the three industrial sectors: manufacturing (-4.6%), mining and quarrying (-2.1%) and the electricity, gas, steam and air conditioning supply (-1.8%).
When adjusted for seasonality and the number of working days, industrial production was up 2.8% in March 2024 compared to March 2023. Manufacturing rose by 3.7%, while declines were reported for mining and quarrying (-1.6%) and the electricity, gas, steam and air conditioning supply (-1.1%).
In January-March 2024, industrial production fell by 2.7% in unadjusted data compared to the same period of 2023 due to drops in the three industrial sectors: manufacturing (-2.7%), the electricity, gas, steam and air conditioning supply (-2.6%) and mining and quarrying (-2.3%).
When adjusted for seasonality and the number of working days, industrial production was down 0.9% in January-March 2024 compared to the year-earlier period due to decreases reported for the electricity, gas, steam and air conditioning supply (-3.0%), mining and quarrying (-2.1%) and manufacturing (-0.6%).