Industrial Output Rose 6% in May, Year-on-Year, Driven by Manufacturing

By , 10 Jul 2018, 12:44 PM Business
Industrial Output Rose 6% in May, Year-on-Year, Driven by Manufacturing www.stat.si

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STA, 10 July 2018 - Industrial output in Slovenia in May was up by 6% compared to the same period last year, while it was up by 0.7% on the monthly basis. It was also up by 22.3% compared to the average for 2015, the Statistics Office reported on Tuesday (full data). 

On the annual basis, industrial output was up in May the most in mining and quarrying (+8.1%), followed by manufacturing (+6.5%), and electricity, gas and steam supply (+0.7%).

Compared to April, industrial output increased only in manufacturing (+0.9%), while it was down in electricity, gas and steam supply (-1.8%) and in mining and quarrying (-1.5%).

Sales revenue in Slovenian industry was up in May by 7.5% year-on-year, and by 1% compared to April.

The biggest annual increase in sales revenue was recorded in the production of investment products (by 15.2%).

The value of inventories and unfinished production was up by 8.1% year-on-year (increasing by 8.2% in manufacturing).

On the monthly basis, the value of inventories was up in May by 0.5%, and by 21.2% compared to the 2015 average.

In the first five months of 2018, industrial output was up by 7.4% compared to the same period last year.

It was up the most in manufacturing (+8%), followed by electricity, gas and steam supply (+3.1%), while it was down in mining and quarrying (-5.5%).

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