The General Index of Industrial Production for July 2024, compared to the corresponding index for July 2023, showed an increase of 10.6% compared to a decrease of 1.7% in the corresponding comparison between 2023 and 2022.

The average General Index of Industrial Production for January to July 2024, compared to the corresponding index for January to July 2023, showed an increase of 7.2%.

The seasonally adjusted General Industrial Production Index for July 2024, compared to the corresponding index for June 2024, showed an increase of 1.7%.

The following changes in the indices of the various industry sectors were what drove the 10.6% increase in July:

From the increase:

• By 14.5% of the electricity supply index.
• By 10.2% of the Manufacturing Index. The main contributors to this increase were changes in the indicators of the two-digit sectors: manufacture of tobacco products, repair and installation of machinery and equipment, manufacture of electrical equipment, printing and reproduction of recorded media, manufacture of computer, electronic, and optical products.
• By 3.4% of the Water Supply Index.

From the decrease:

• By 1.9% of the Mining and Quarrying Index. This decrease is due to changes in the indexes of the two-digit industries: coal and lignite mining; crude oil and natural gas extraction; support activities for mining; other mining and quarrying.