In December 2023 compared to December 2022, the country’s industrial production fell by 6.8% in unadjusted data due to drops recorded for the three industrial sectors: manufacturing (-7.4%), mining and quarrying (-5.8%) and the electricity, gas, steam and air conditioning supply (-4.1%).
When adjusted for seasonality and the number of working days, industrial production was down 2.3% in December 2023 compared to December 2022 due to falls in mining and quarrying (-4.8%), the electricity, gas, steam and air conditioning supply (-3.4%) and manufacturing (-2.5%).
In December 2023 compared to November 2023, industrial production decreased by 16.4% in unadjusted data due to drops in manufacturing (-21%) and mining and quarrying (-6.5%). The electricity,gas, steam and air conditioning supply was up 9.9%.
When adjusted for seasonality and the number of working days, industrial production edged up 0.3% in December 2023 compared to November 2023 due to rise in manufacturing (+1.0%). Drops were reported for mining and quarrying (-5.2%) and the electricity, gas, steam and air conditioning supply (-1.4%).
In 2023, industrial production declined 4.9% in unadjusted data compared to 2022 due to drops in the electricity, gas, steam and air conditioning supply (-9.2%) and manufacturing (-4.6%). A 1.9% rise was recorded for mining and quarrying.