Industrial production increased by 5.4%
In December 2018, the volume of industrial output grew by 5.4% year-on-year. Based on working-day adjusted data production rose by 5.7%.
The majority of manufacturing subsections contributed to the increase. The manufacture of transport equipment representing the largest weight grew at a higher rate than in the previous month. The manufacture of computer, electronic and optical products went up significantly, while the manufacture of food products, beverages and tobacco rose to a lesser degree than a year earlier.
In 2018, the volume of production was 3.6% higher compared to 2017.
Industrial output in December – according to seasonally and working-day adjusted indices – was 2.5% above 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 | December | 99.8 | 104.6 | 105.2 | 100.8 |
| 2018 | January | 107.4 | 107.4 | 107.1 | 101.7 |
| February | 104.3 | 105.8 | 104.3 | 100.4 | |
| March | 98.7 | 103.2 | 102.9 | 99.3 | |
| April | 107.5 | 104.3 | 102.7 | 100.0 | |
| May | 100.4 | 103.4 | 103.8 | 101.8 | |
| June | 104.3 | 103.6 | 103.1 | 99.0 | |
| July | 106.1 | 103.9 | 103.9 | 97.9 | |
| August | 101.6 | 103.6 | 104.6 | 104.0 | |
| September | 99.5 | 103.1 | 102.2 | 97.9 | |
| October | 106.0 | 103.4 | 103.3 | 102.1 | |
| November | 104.0 | 103.5 | 103.7 | 98.9 | |
| December | 105.4 | 103.6 | 105.7 | 102.5 | |