
It increased by 4.2% industrial production index in April 2023 year-on-year, but down 1.9% m/m. Average The overall index of industrial production for the period January-April 2023, compared with the corresponding indicator for the period January-April 2022, showed an increase of 2.4%.
The machinery and equipment production index showed the largest percentage decline, while the automobile, trailer and semi-trailer production index recorded the largest percentage increase in April 2023 compared to March 2023. When comparing the April 2023 indices with the corresponding April 2022 indices, the largest percentage increase was recorded in the leather and leather goods industry, and the largest percentage decline was in the coal and lignite mining sector – the extraction of crude oil and natural gas – supporting mining activities. In particular, the 4.2% year-on-year increase in the index is mainly due to a 9.9% increase in the electricity supply index, a 9.2% increase in the mining index and a 3.2% increase in the manufacturing industry index. The growth of the latter was mainly facilitated by an increase in production in the leather and leather industry (64%), in the production of basic pharmaceutical products and pharmaceuticals (16.6%), and in the production of tobacco products (14%). , in the distillery (12.6%), in the production of coke and oil refining (10.1%).
The relative indicator increased by 2.4% in January-April compared to the corresponding period last year.
On the other hand, the decline in the index of industrial production by 1.9% in April 2023 compared to March 2023 is mainly due to a decrease of 7% in the index of mines – quarries, by 5% in the processing index and by 1.6% in the indicator of water supply . At the same time, the electricity supply index increased by 7.2%.
The sectors of the manufacturing industry, which recorded the largest decline in industrial production, are the sector of repair and installation of machinery and equipment (-27.2%), the production of machinery and equipment (-19.3%), the production of clothing (14%), the production of basic pharmaceutical products and pharmaceuticals (-13.8%), production of chemicals and products (-13.2%), production of textile materials (-11.5%), production of paper and production of paper products (-9.5%).
Source: Kathimerini

Lori Barajas is an accomplished journalist, known for her insightful and thought-provoking writing on economy. She currently works as a writer at 247 news reel. With a passion for understanding the economy, Lori’s writing delves deep into the financial issues that matter most, providing readers with a unique perspective on current events.