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N. Macedonia's industrial output down 1.2% y/y in Apr

May 31, 2024, 1:47:27 PMArticle by Dragana Petrushevska
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May 31 (SeeNews) - North Macedonia's industrial production fell 1.2% year-on-year in April, after decreasing by an annual 10.4% in March, data from the country’s statistical office showed on Friday.

N. Macedonia's industrial output down 1.2% y/y in Apr
Workers at the Moses Lake polysilicon plant in Washington. Source: REC Silicon ASA.

In the January-April period, North Macedonia's industrial output went down 2.6% 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):

Apr '24 Jan-Apr '24 Mar '24
Total -1.2 -2.6 -10.4
Manufacturing 4.7 0.8 -7.6
Mining 0.3 -1.7 1.9
Utilities -39.6 -27.9 -38.6

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