Turnover in industry (total domestic and external market) increased by 0.9% in October, compared with a decrease of 1.3% in the corresponding comparison between 2023 and 2022. Compared to September, industry turnover showed an increase of 9.8%.
The average index for the November 2023–October 2024 twelve-month period, compared to the corresponding index for the November 2022–October 2023 twelve-month period, showed an increase of 1.1%, compared to a decrease of 0.6% when comparing the corresponding previous twelve-month periods.
The 0.9% year-on-year increase in turnover in manufacturing in October came from:
1. 1:
* A 1.0 increase in the Manufacturing Turnover Index. This increase was mainly due to changes in the indicators of the two-digit sectors: manufacture of tobacco products, manufacture of other transport equipment, manufacture of chemicals and chemical products, manufacture of machinery and equipment, n.e.c.
* A decrease of 0.02% in the index of turnover of mining and quarrying. This decrease was contributed by the change in the index of the two-digit industry: mining of metal ores.
2. From the changes in the indices of the individual markets:
* 3.4% increase in the Domestic Market Turnover Index.
* Decrease by 3.5% of the external market turnover index by 3.5%.
On an annual basis
The 3.4% increase in the Domestic Market Turnover Index in October 2024, compared to October 2023, was driven by the following changes in the indicators of the individual industry sectors:
* An increase of 18.2% in the Mining-Quarrying Index. This increase was mainly due to changes in the indicators of the two-digit sectors: coal and lignite mining; crude oil and gas extraction; support activities for mining; mining of metallic ores.
* 3.3% increase in the Manufacturing Business Cycle Index. This increase was mainly driven by changes in the indicators of the two-digit industries: manufacture of machinery and equipment, n.e.c., manufacture of tobacco products, repair and installation of machinery and equipment, manufacture of other transport equipment.
The 3.5% decrease in the General Index of External Market Turnover in October 2024, compared to the corresponding index for October 2023, was caused by:
1. 1:
* A 15.4% decrease in the mining-quarrying index of work turnover. This decrease was contributed by the change in the index of the two-digit sector: mining of metallic ores.
* A decrease of 3.3% in the Index of Turnover of Manufacturing. This decrease was mainly due to the changes in the indicators of the two-digit industries: leather and leather products, furniture manufacturing, coke and refined petroleum products, computer, electronic and optical product manufacturing, and the manufacture of wearing apparel.
2. From the changes in the indicators of the individual markets:
* A 3.7% decrease in the Eurozone External Market Turnover Index.
* A decrease of 3.4% in the Non-Eurozone External Market Turnover Index by 3.4%.
On a monthly basis
The 9.8% increase in the General Industrial Labour Turnover Index in October 2024, compared to the September 2024 index, came from:
1. 1:
* An increase of 22.0% in the Mining-Quarrying Index.
* An increase of 9.7% in the Manufacturing Labour Turnover Index.
2. From the changes in the indices of the individual markets:
* 11.8% increase in the Domestic Market Turnover Index.
* An increase of 6.2% in the External Market Turnover Index.
