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Monday, October 3, 2022

Industrial output drops slightly in June

By: J.S., STA

The value of industrial production was down 0.2% in June compared to May, driven by declines in all relevant fields.

It continued to increase year-on-year though, as it was 0.8% higher than in June 2021. The value in the first half of the year was also 2.9% higher on the annual level, the Statistics Office said. After three months of growth, the monthly drop in June is a result of declines in mining and quarrying, which recorded a 6.8% drop, in electricity, gas and steam production (-0.7%).

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