The value of industrial production in December 2018 lower at the monthly and at the annual level
In December 2018 the value of industrial production decreased at the monthly level for the second consecutive month: this time, by 1.5%. It also decreased by 3.1% compared to December 2017.
In 2018 the value of industrial production increased by 4.6% compared to 2017, a 3.4 percentage points lower growth than in the previous year. The value of industrial production was higher in manufacturing and in electricity, gas and steam supply (by 5.0% and 1.2%, respectively) and lower in mining and quarrying (by 1.6%).
In 2018 turnover growth lower than in 2017; stocks in December higher at the monthly and the annual level
Turnover in industry in December 2018 was 2.5% lower than in November 2018 and 4.2% lower than in December 2017. Turnover was lower mostly due to lower non-domestic turnover in manufacturing.
In 2018 turnover in industry was 4.6% higher than in 2017: it was higher by 4.2% in manufacturing and by 0.9% in mining and quarrying. Turnover was also higher in all main industrial groupings, most of all in capital goods industries (by 9.6%).
In 2018 turnover growth was lower in both NACE activities and in all main industrial groupings compared to the growth in 2017.
In December 2018 the value of stocks of finished and unfinished production was higher at both the monthly and the annual level (by 0.9% and 8.5%, respectively).