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Wednesday, February 21, 2024

Industrial production – February 2023. The latest data from the Central Statistical Office

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Industrial production in February fell by 1.2 percent on an annual basis, and compared to the previous month it increased by 0.4 percent, the Central Statistical Office (GUS) announced.

Analysts polled by PAP Biznes expected an increase in production by 1.1 percent. yoy and an increase of 1.8 percent. mdm. After eliminating the influence of seasonal factors, sold production of industry in February was at the level of 1.0 percent. lower than in the corresponding month of 2022 and by 0.9 percent. higher compared to January 2023

Individual categories

Industrial production fell in 19 out of 34 sections in February. in the production of metals – by 23.8 per cent, chemicals and chemical products – by 20.2 per cent, products of wood, cork, straw and wicker – by 15.2 per cent, products from other non-metallic mineral raw materials – by 11, 8 percent, paper and paper products – by 11.7 percent, furniture – by 8.5 percent, computers, electronic and optical products – by 8.4 percent, in the production and supply of electricity, gas, steam and hot water – by 4.7 percent.

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On the other hand, an increase in sold production of industry, compared to February, occurred in 13 sections, including in the production of electrical equipment – by 24.5%, motor vehicles, trailers and semi-trailers – by 15.0%, machinery and equipment – by 11.1%, in the repair, maintenance and installation of machinery and equipment – by 7, 3 percent, in the production of food products – by 3.0 percent.

Main photo source: Shutterstock

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