Industrial activity in August 2018 higher than in July 2018
In August 2018 the value of industrial production was 2.0% higher than in July 2018 and 6.9% higher than in August 2017.
At the monthly level it was higher in all three activities: in mining and quarrying by 5.3%, in manufacturing by 2.0% and in electricity, gas and steam supply by 1.9%.
Looking at the main industrial groupings, industrial activity in consumer goods industries was higher at the monthly level (by 7.8%), while in intermediate goods industries it remained the same. In capital goods industries it decreased (by 4.8%).
Turnover lower, the value of stocks of industrial products in August 2018 higher than in the previous month
In August 2018 industrial enterprises generated 1.6% less turnover than in July 2018. Turnover was lower mostly due to manufacturing (down by 1.7%). Turnover in mining and quarrying was 9.2% higher than in the previous month.
From January to August 2018 industrial enterprises generated 3.1% more turnover than in the same period of 2017 and 20.3% more than the 2015 average.
In August 2018 the value of stocks of finished and unfinished production increased both at the monthly (by 1.7%) and at the annual level (by 9.9%). At both levels the increase in the value of stocks was the highest in intermediate goods industries (by 3.3% and 13.7%, respectively).
Detailed data on industrial production indices for August 2018 will be published on 15 October 2018 in the SI-STAT Database on SURS’s website.