Industrial production dropped last year by 5% yoy, reports the State Statistics Service. Manufacturing was down 7%

Monday, January 25, 2021
Industrial production dropped last year by 5% yoy, reports the State Statistics Service. Manufacturing was down 7%

Industrial production dropped last year by 5% yoy, reports the State Statistics Service. Manufacturing was down 7%. Other big drops were: coal mining down 13%; and electricity generation down 6.6%. On the upside, steel was up 6.5% and cement was up 7%. In 2019, industrial production was down 1.8%, cancelling out a 1.1% growth in 2018.

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