Indices of industrial production, July 2023

The value of industrial production lower than in June

In July, the total value of industrial production, total turnover in industry and the total value of stocks in industry were lower at the monthly level.

  • 11 September 2023 at 10:30
  • |
  • provisional data
The value of industrial production lower at the monthly and at the annual level
 
In July, the total value of industrial production was 2.5% lower than in June. It was lower in manufacturing (by 1.7%) and in electricity, gas, steam and air conditioning supply (by 1.1%), while in mining and quarrying it was higher (by 13.9%).

The value of industrial production decreased at the monthly level in all three industrial groupings: in capital goods industries by 11.5%, in consumer goods industries by 2.7% and in intermediate goods industries by 2.2%.

Compared to last July, the value of industrial production was lower by 6.4%. It decreased in electricity, gas, steam and air conditioning supply (by 33.8%), in manufacturing (by 5.4%) and in mining and quarrying (by 3.4%).

Turnover in industry also lower in both comparisons
 
In July, total turnover in industry was lower at the monthly level by 8.0%. It declined in manufacturing and in mining and quarrying (by 8.1% and by 6.5%, respectively). It declined in the non-domestic market (by 7.7%) as well as in the domestic market (by 7.0%).
 
Turnover at the monthly level declined in all three main industrial groupings, the most in capital goods industries (by 9.1%), followed by intermediate goods industries (by 6.7%) and consumer goods industries (by 1.1%).

Compared to July last year, total turnover in industry was lower by 3.6%. In manufacturing it was lower by 3.9%, while in mining and quarrying it was higher by 29.3%.

Compared to the first seven months of last year, in the same period of this year turnover in industry increased by 2.5%. In the non-domestic market it went up by 2.8% and in the domestic market by 1.4%. It grew in manufacturing and in mining and quarrying (by 2.5% and by 1.6%, respectively).

It increased in capital goods industries (by 10.7%), and in consumer goods industries (by 9.6%), while in intermediate goods industries it decreased (by 5.2%).

The value of stocks of industrial products lower than a month ago, but higher than a year ago

The value of stocks in industrial production was 0.7% lower than in the previous month and 12.5% higher than a year ago. At the monthly level, the value of stocks was lower in manufacturing (by 0.8%), while in mining and quarrying it was higher (by 14.3%). In the first seven months, the value of stocks was 17.9% higher compared to the same period of last year.

Tables with the latest data are available in the SiStat Database.
Industrial production indices, Slovenia
Industrial production indices, Slovenia
1) In the trend-cycle component the most recent data are unreliable (the end-point problem).
Industrial production, Slovenia
Jul 2023
Jun 2023 
Jul 2023
Jul 2022
Jan-Jul 23
Jan-Jul 22
% change
Industry – activities according to NACE Rev.2 (sections)-2.5-6.4-4.2
B Mining and quarrying13.9-3.4-27.5
C Manufacturing-1.7-5.4-2.4
D Electricity, gas, steam and air conditioning supply-1.1-33.8-36.2
Main industrial groupings
A Intermediate goods industries-2.2-10.9-11.1
  AE Energy related industries2.1-30.6-36.8
  AI Intermediate goods industries [except energy]-2.1-9.1-8.3
B Capital goods industries-11.50.54.5
C Consumer goods industries-2.7-3.81.6
  CD Durable consumer goods industries-3.5-11.8-8.1
  CN Non-durable consumer goods industries-6.6-2.93.9
Technological intensity (Manufacturing)
VTZ High-technology manufacturing-8.4-5.39.7
SVTZ Medium-high-technology manufacturing-4.5-5.4-1.1
SNTZ Medium-low-technology manufacturing-3.4-7.1-6.2
NTZ Low-technology manufacturing-7.0-1.2-6.5
Value of turnover in industry, Slovenia
Jul 2023
Jun 2023 
Jul 2023
Jul 2022
Jan-Jul 23
Jan-Jul 22
% change
Industry – activities according to NACE Rev.2 (sections)-8.0-3.62.5
B Mining and quarrying-6.529.31.6
C Manufacturing-8.1-3.92.5
Main industrial groupings
A Intermediate goods industries-6.7-10.9-5.2
  AE Energy related industrieszzz
  AI Intermediate goods industries [except energy]-7.8-11.4-5.1
B Capital goods industries-9.17.810.7
C Consumer goods industries-1.1-0.49.6
  CD Durable consumer goods industries-3.0-7.63.1
  CN Non-durable consumer goods industries-1.22.011.8
z confidential
Value of stocks in industrial production, Slovenia
Jul 2023
Jun 2023 
Jul 2023
Jul 2022
Jan-Jul 23
Jan-Jul 22
% change
Industry – activities according to NACE Rev.2 (sections)-0.712.517.9
B Mining and quarrying14.3224.7193.4
C Manufacturing-0.812.017.4
Main industrial groupings
A Intermediate goods industries0.211.716.4
  AE Energy related industrieszzz
  AI Intermediate goods industries [except energy]0.010.415.3
B Capital goods industries-1.417.822.0
C Consumer goods industries-1.510.017.2
  CD Durable consumer goods industries0.4-3.91.6
  CN Non-durable consumer goods industries-1.412.819.9
z confidential
METHODOLOGICAL NOTE
Data are seasonally adjusted.

Data for 2023 are provisional, final data for 2023 will be published not later than 10 August 2024.

Additional explanations are available in the methodological explanation.
When making use of the data and information of the Statistical Office of the Republic of Slovenia, always add: "Source: SURS". More: Copyright.