In October 2024, the Industrial Production Index reached 112,5 units (base 2021=100), recording an increase of 2,0% compared to October 2023. For the period January – October 2024, the index recorded an increase of 3,8% compared to the corresponding period of the previous year.
The manufacturing sector registered an increase of 1,8% compared to October 2023. An increase was also observed in the sectors of mining and quarrying (+5,9%), water supply and materials recovery (+5,7%) and electricity supply (+1,1%).
In the manufacturing sector, the most significant positive changes compared to October 2023 were observed in the manufacturing of rubber and plastic products (+12,5%), machinery and equipment, motor vehicles and other transport equipment (+9,1%), other non-metallic mineral products (+7,7%) and food products, beverages and tobacco products (+6,3%). The most important negative changes were observed in the manufacturing of paper and paper products and printing (-17,9%) and textiles, wearing apparel and leather products (-11,5%).
Comparing the rates of change for the period January – October 2024 against the corresponding period of the previous year, the most significant positive changes were observed in water collection, treatment and supply (+22,9%), the manufacturing of electronic and optical products and electrical equipment (+12,8%), mining and quarrying (+12,0%), the manufacturing of machinery and equipment, motor vehicles and other transport equipment (+11,0%) and materials recovery (+9,2%). The most important activities where negative changes in production were registered were those relating to the manufacturing of paper and paper products and printing (-11,0%) and the manufacturing of textiles, wearing apparel and leather products (-4,1%).
| Table | ||||
|
Code (NACE Rev. 2) |
Economic Activity |
Index (2021=100) |
Percentage Change (%) |
|
|
Oct 2024 |
Oct 2024/2023 |
Jan-Oct 2024/2023 |
||
|
|
||||
|
Β |
MINING AND QUARRYING |
132,1 |
5,9 |
12,0 |
|
|
|
|
|
|
|
C |
ΜANUFACTURING |
113,9 |
1,8 |
2,8 |
|
|
|
|
|
|
|
10+11+12 |
Manufacture of Food Products, Beverages and Tobacco Products |
109,7 |
6,3 |
3,1 |
|
13+14+15 |
Manufacture of Textiles, Wearing Apparel and Leather Products |
126,0 |
-11,5 |
-4,1 |
|
16 |
Manufacture of Wood and Products of Wood and Cork, except furniture |
113,8 |
1,0 |
3,3 |
|
17+18 |
Manufacture of Paper and Paper Products and Printing |
82,5 |
-17,9 |
-11,0 |
|
19+20+21 |
Manufacture of Refined Petroleum Products, Chemicals and Chemical Products and Pharmaceutical Products and Preparations |
115,8 |
-6,9 |
-1,3 |
|
22 |
Manufacture of Rubber and Plastic Products |
114,8 |
12,5 |
5,3 |
|
23 |
Manufacture of Other Non-Metallic Mineral Products |
118,0 |
7,7 |
-0,3 |
|
24+25 |
Manufacture of Basic Metals and Fabricated Metal Products |
120,4 |
2,3 |
7,7 |
|
26+27 |
Manufacture of Electronic and Optical Products and Electrical Equipment |
79,4 |
1,7 |
12,8 |
|
28+29+30 |
Manufacture of Machinery and Equipment, Motor Vehicles and Other Transport Equipment |
153,9 |
9,1 |
11,0 |
|
31+32+33 |
Manufacture of Furniture, Other Manufacturing and Repair and Installation of Machinery and Equipment |
121,0 |
-3,4 |
3,5 |
|
|
|
|
|
|
|
D |
ELECTRICITY SUPPLY |
94,6 |
1,1 |
3,9 |
|
|
|
|
|
|
|
Ε |
WATER SUPPLY AND MATERIALS RECOVERY |
135,8 |
5,7 |
16,8 |
|
|
|
|
|
|
|
36 |
Water Collection, Treatment and Supply |
154,1 |
11,7 |
22,9 |
|
38.3 |
Materials Recovery |
116,2 |
-1,9 |
9,2 |
|
|
|
|
|
|
|
B+C+D+E |
GENERAL INDEX |
112,5 |
2,0 |
3,8 |