Industrial production increased by 4.0%
In November 2018, the volume of industrial output grew by 4.0% year-on-year. Based on working-day adjusted data production rose by 3.5%.
The majority of manufacturing subsections contributed to the increase. The manufacture of transport equipment representing the largest weight grew at a similar rate to the previous month. The manufacture of computer, electronic and optical products went up remarkably, while the manufacture of food products, beverages and tobacco was also higher than a year earlier.
In the first eleven months of this year, production was 3.5% higher compared to the same period of the previous year.
Industrial output in November – according to seasonally and working-day adjusted indices – was 1.1% below the level of the previous month.
Volume indices of industrial production
(%)
Period | Non-adjusted (crude) | From the beginning of the year (crude) | Working-day adjusted | Seasonally and working-day adjusted, previous month = 100.0 | |
---|---|---|---|---|---|
2017 | November | 103.1 | 105.0 | 103.8 | 98.4 |
December | 99.8 | 104.6 | 105.2 | 101.4 | |
2018 | January | 107.2 | 107.2 | 106.9 | 101.3 |
February | 104.3 | 105.7 | 104.3 | 100.4 | |
March | 98.6 | 103.1 | 102.9 | 99.3 | |
April | 107.4 | 104.2 | 102.7 | 99.9 | |
May | 100.4 | 103.4 | 103.8 | 101.8 | |
June | 104.2 | 103.5 | 103.1 | 98.9 | |
July | 106.2 | 103.9 | 103.8 | 98.0 | |
August | 101.6 | 103.6 | 104.6 | 103.9 | |
September | 99.4 | 103.1 | 102.2 | 97.9 | |
October | 105.9 | 103.4 | 103.2 | 102.0 | |
November | 104.0 | 103.5 | 103.5 | 98.9 |