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Industrial Production Drops in Macedonia

According to State Statistical Office data, January-­February industrial production in Macedonia dropped by 1.9 percent compared to the same period in 2016, while February industrial production reduced by 1.3 percent in comparison with the same month last year.

Industrial production in section Mining and quarrying in February decreased by 4.9 percent, in the section Manufacturing it decreased by 4.4 percent, while in the section Electricity, gas, steam and air conditioning supply it increased by 31.9 percent. The decrease in section Manufacturing is mostly due to decreased production in the divisions Manufacture of food products, Manufacture of beverages, Manufacture of tobacco products, Manufacture of textiles, Manufacture of wearing apparel, Manufacture of fabricated metal products, except machinery and equipment, Manufacture of electrical equipment and Manufacture of motor vehicles, trailers and semi-­trailers.

Industrial production by Main Industrial Groupings in February was higher in Energy by 17.5 percent, Intermediate goods, except energy by 1.2 percent and Capital goods by 0.1 percent, but lower in Durable consumer goods by 7.0 percent and Non-durable consumer goods by 10.3 percent.

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