Industrial Output Slightly Up in August, Down by 3% Y/Y
The monthly increase in August over July was driven by the sector of electricity, gas and steam supply, which was up by nearly 3%.
Revenues in manufacturing increased by 0.3% on the monthly level, while revenues in mining and quarrying dropped by nearly 10%.
Stock value was by 0.4% lower in August than in July. The same decrease was recorded in manufacturing, while revenues in mining and quarrying dropped by 1%.
The Statistics Office also released data on work efficiency in industry for 2012, showing that it dropped by 0.1% compared to 2011.
The decrease in efficiency was caused by the drop in industrial output and also due to a lower number of active population.