The Industrial Production Index increased by 1.6% in May 2023 compared to April 2023. The data are preliminary and seasonally adjusted.
Compared to the previous month, growth was reported in the electricity, gas, steam and air conditioning supply - by 8.8%, and in the manufacturing - by 0.7%, while the production went down in the mining and quarrying industry - by 4.7%.
In May 2023, a decline of 11.0% was registered in the calendar-adjusted Industrial Production Index in comparison with the same month in 2022.
Compared to May 2022, a drop was observed in the electricity, gas, steam and air conditioning supply - by 26.1%, in the mining and quarrying industry - by 24.0%, and in the manufacturing - by 8.3%.
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Statistical domain
