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N. Macedonia's industrial output down 10.4% y/y in Mar

Apr 30, 2024, 1:12:12 PMArticle by Dragana Petrushevska
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April 30 (SeeNews) - North Macedonia's industrial production fell 10.4% year-on-year in March, after increasing by an annual 0.3% in February, data from the country’s statistical office showed on Tuesday.

N. Macedonia's industrial output down 10.4% y/y in Mar
Workers at the Moses Lake polysilicon plant in Washington. Source: REC Silicon ASA.

In the January-March period, North Macedonia's industrial output edged down 3.1% on the year, the statistical office said in a data release.

North Macedonia's industrial production inched up 0.7% on the year in 2023, after falling by an annual 0.3% the previous year

Industrial production in North Macedonia, breakdown by sector (annual pct change):

Mar '24 Jan-Mar '24 Feb '24
Total -10.4 -3.1 0.3
Manufacturing -7.6 -0.5 0.8
Mining 1.9 -2.3 5.6
Utilities -38.6 -24.5 -14.5

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