Published on: 4 July 2025

Industrial production was 2.6% lower than a year earlier

The volume of industrial production lagged behind the one year earlier level by 2.6% in May 2024. The working day adjusted index is equal to the non-adjusted one. According to seasonally and working-day adjusted data, industrial output was 1.3% lower than in April 2025.

Production volume decreased in the great majority of the manufacturing subsections compared to the same month of the previous year. Out of the subsections having the largest weight the manufacture of transport equipment, as well as the manufacture of computer, electronic and optical products grew, at the same time a fall was observed in the manufacture of electrical equipment, as well as in the manufacture of food products, beverages and tobacco products.

In the first five months of the year industrial production was 4.1% lower than in the same period of 2024.

Industrial output– according to seasonally and working-day adjusted indices – was below the level of the previous month by 1.3%.

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
2024May94.5 97.6 94.5 98.8
June91.7 96.6 97.0 100.9
July98.5 96.9 93.2 99.2
August90.5 96.1 95.6 100.0
September92.8 95.7 92.8 98.7
October99.3 96.1 96.6 101.9
November96.0 96.1 98.7 99.9
December94.7 96.0 92.1 97.1
2025January 95.7 95.7 95.7 100.5
February91.3 93.4 92.0 99.0
March100.0 95.6 94.6 100.1
April95.0 95.5 97.7 101.5
May97.4 95.9 97.4 98.7