The value of industrial production higher by 2.7% at the monthly level
In July 2019 the value of industrial production increased by 2.7% at the monthly level after a decrease in June. The annual growth was 5.1%.
Industrial production grew due to growth in manufacturing, where the value at the monthly level increased by 3.5%. In mining and quarrying and in electricity, gas and steam supply the value decreased (by 10.3% and 4.0%, respectively).
Turnover in industry higher by 3.0% at the monthly level, the value of stocks higher by 1.4%
In July 2019 turnover in industry was 3.0% higher than in June 2019 and 2.7% higher than in July 2018. Turnover increased at the monthly level due to higher sales of products in both non-domestic and domestic markets (by 5.0% and 0.5%, respectively).
Enterprises in all main industrial groupings generated a higher turnover than in June. The highest turnover growth was recorded in capital goods industries (5.6%): in this group the enterprises achieved the highest monthly turnover growth in the non-domestic market in 2019 (6.1%).
The value of stocks of finished and unfinished production was 1.4% higher than in the previous month and 4.8% higher than in the same month of the previous year. In manufacturing the value of stocks was higher by 1.5%. In mining and quarrying it was lower by 1.8%.