Published on: 7 June 2023

Industrial production decreased by 8.3%

The volume of industrial production dropped in April 2023 by 8.3% year-on-year. Based on working-day adjusted data production declined by 5.8%. According to seasonally and working-day adjusted data industrial output was 2.5% lower than in March 2023.

Production volume fell in the great majority of the manufacturing subsections. Output increased in two subsections only: in the manufacture of transport equipment, having the largest weight, as well as in that of electrical equipment.

In the first four months of the year production was 4.3% lower than in the same period of 2022.

Industrial output in April – according to seasonally and working-day adjusted indices – was 2.5% 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
2022April103.3 105.1 105.0 99.1
May109.5 106.1 103.4 100.9
June101.7 105.2 104.9 100.6
July103.6 105.0 106.3 100.4
August114.4 106.2 109.3 100.1
September111.7 106.9 111.9 101.3
October106.0 106.8 105.1 96.2
November100.6 106.1 100.9 99.1
December102.0 105.8 105.7 103.5
2023January 99.8 99.8 96.7 94.8
February95.4 97.6 95.4 100.2
March95.9 96.9 96.0 100.0
April91.7 95.7 94.2 97.5