Industrial production decreased by 5.8%
The volume of industrial production dropped in November 2023 by 5.8% year-on-year. Based on working-day adjusted data, production declined by 5.6%. According to seasonally and working-day adjusted data, industrial output was 2.3% lower than in October 2023.
Production volume fell in the great majority of the manufacturing subsections. Output increased in two subsections only: in the manufacture of coke, and refined petroleum products, as well as in that of chemicals and chemical products.
In the first eleven months of the year industrial production was 4.8% lower than in the same period of 2022.
Industrial output in November – according to seasonally and working-day adjusted indices – was 2.3% below the level of the previous month.
Volume index 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 | |
|---|---|---|---|---|---|
| corresponding period of the previous year = 100.0 | |||||
| 2022 | November | 101.1 | 106.4 | 101.5 | 100.1 |
| December | 103.0 | 106.1 | 106.7 | 103.4 | |
| 2023 | January | 99.3 | 99.3 | 96.2 | 94.4 |
| February | 94.7 | 97.0 | 94.7 | 99.8 | |
| March | 95.9 | 96.6 | 96.0 | 100.5 | |
| April | 91.2 | 95.3 | 93.7 | 97.6 | |
| May | 93.1 | 94.9 | 95.3 | 101.5 | |
| June | 96.9 | 95.2 | 94.5 | 99.7 | |
| July | 97.5 | 95.5 | 97.6 | 102.1 | |
| August | 94.8 | 95.4 | 94.0 | 97.7 | |
| September | 92.7 | 95.1 | 94.2 | 100.9 | |
| October | 96.8 | 95.3 | 97.1 | 99.5 | |
| November | 94.2 | 95.2 | 94.4 | 97.7 | |