In January 2022, the Industrial Production Index rose by 16.5% in comparison with the same month of 2021

According to the preliminary data of the National Statistical Institute in January 2022 the Industrial Production Index, seasonally adjusted, increased by 1.9% compared to December 2021.

 In January 2022, the calendar adjusted Industrial Production Index rose by 16.5% in comparison with the same month of 2021.

Monthly changes

In January 2022, compared to December 2021, the seasonally adjusted Industrial Production Index rose in the mining and quarrying industry by 10.3% and in the manufacturing by 2.5%, while the production decreased in the electricity, gas, steam and air conditioning supply by 3.9%.

The most significant increase in the manufacturing was seen in the manufacture of tobacco products by 33.2%, in the manufacture of computer, electronic and optical products by 24.3%, in the manufacture of beverages by 14.3% and in the manufacture of furniture by 13.7%.

A major decrease was observed in the manufacture of other transport equipment by 19.8%, in the other manufacturing by 11.0% and in the manufacture of motor vehicles, trailers and semi-trailers by 10.5%.

Annual changes

On an annual basis in January 2022, Industrial Production Index calculated from calendar day adjusted data rose in the mining and quarrying industry by 53.6%, in the electricity, gas, steam and air conditioning supply by 29.6% and in the manufacturing by 11.0%.

The most significant growth in the manufacturing compared to the same month of the previous year was registered in the other manufacturing by 81.9%, in the manufacture of computer, electronic and optical products by 28.9%, in the manufacture of leather and related products by 26.3%, in the manufacture of machinery and equipment n.e.c. by 25.7%, and in the manufacture of chemicals and chemical products by 25.3%.

A major decrease was seen in the manufacture of motor vehicles, trailers and semi-trailers by 8.1% and in the manufacture of fabricated metal products, except machinery and equipment by 5.3%.