Industrial production increased by 2.2% compared to September 2019, and by 2.3% month-on-month
In September 2020 the volume of industrial production grew by 2.2% year-on-year according to crude data. Based on working-day adjusted data production declined by 1.0%. The growth was 2.3% compared to the previous month according to seasonally and working-day adjusted data.
The volume of production grew in the largest weight representing subsections: the manufacture of transport equipment, as well as the manufacture of computer, electronic and optical products rose to a greater extent, while the manufacture of food products, beverages and tobacco products increased to a lesser degree. However, the production dropped in the majority of the other manufacturing subsections.
In the first nine months of the year production was 9.2 % lower than in the same period of the previous year.
Industrial output in September – according to seasonally and working-day adjusted indices – was 2.3% above the level of the previous month, and it grew by 61% compared to April.
Volume index of industrial production
(%)
| Period | Non-adjusted (crude) | From the beginning of the year (crude) | Working-day adjusted | Seasonally and working-day adjusted, previous month = 100.0 | |
|---|---|---|---|---|---|
| corresponding period of previous year = 100.0 | |||||
| 2019 | September | 111.3 | 106.5 | 109.2 | 103.3 |
| October | 106.2 | 106.5 | 106.5 | 99.5 | |
| November | 103.5 | 106.2 | 105.4 | 98.8 | |
| December | 99.1 | 105.6 | 96.7 | 96.4 | |
| 2020 | January | 102.7 | 102.7 | 103.1 | 104.8 |
| February | 104.2 | 103.5 | 101.9 | 100.1 | |
| March | 94.5 | 100.3 | 90.0 | 89.3 | |
| April | 63.1 | 90.9 | 63.2 | 69.1 | |
| May | 69.2 | 86.3 | 72.3 | 117.7 | |
| June | 92.7 | 87.3 | 88.3 | 117.9 | |
| July | 92.0 | 88.0 | 92.5 | 106.7 | |
| August | 98.0 | 89.1 | 100.0 | 106.3 | |
| September | 102.2 | 90.8 | 99.0 | 102.3 | |