Financial News: Macedonia Industrial Production Shrinks 1.4%

Macedonia Industrial Production Shrinks 1.4%

01/31/2025 - 09:51:00 (RTTNews)

(RTTNews) - Macedonia's industrial production declined further at the end of the year, data from the state statistical office showed on Friday.

Industrial output fell 1.4 percent year-over-year in December, slower than the 3.5 percent decrease a month ago.

Among sectors, mining and quarrying production contracted the most by 10.0 percent from last year, and manufacturing output slid by 1.1 percent. On the other hand, the utility segment showed an expansion of 5.7 percent.

Among the main industrial groupings, capital goods production was 20.1 percent lower, while energy output was 2.4 percent higher.

During the year 2024, industrial production was 3.6 percent lower compared to 2023.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

ECB Surveys Show Rising Eurozone Inflation Expectations (44 min(s), 42 sec(s) ago)
(RTTNews) - Euro area consumers' inflation expectations for the next 12 months increased for a ...Full Story»

Chicago Business Barometer Increases But Still Indicates Contraction (02 hr(s), 43 min(s), 42 sec(s) ago)
(RTTNews) - MNI Indicators released a report on Friday showing its reading on Chicago-area busines ...Full Story»

U.S. Consumer Price Growth Matches Estimates In December (02 hr(s), 52 min(s), 42 sec(s) ago)
(RTTNews) - The Commerce Department released a closely watched report on Friday showing consumer p ...Full Story»

Macedonia Industrial Production Shrinks 1.4% (03 hr(s), 02 min(s), 42 sec(s) ago)
(RTTNews) - Macedonia's industrial production declined further at the end of the year, data fr ...Full Story»

Cyprus Producer Prices Fall 1.5% (03 hr(s), 32 min(s), 42 sec(s) ago)
(RTTNews) - Industrial producer prices in Cyprus continued to decline at the end of the year, prel ...Full Story»

U.S. Consumer Prices Increase In Line With Estimates In December (04 hr(s), 10 min(s), 42 sec(s) ago)
(RTTNews) - The Commerce Department released a closely watched report on Friday showing consumer p ...Full Story»

Portugal Inflation Eases; Industrial Output Falls Further (04 hr(s), 22 min(s), 42 sec(s) ago)
(RTTNews) - Portugal's consumer price inflation moderated at the start of the year, a prelimin ...Full Story»

Italy Producer Prices Rise 0.6% (05 hr(s), 18 min(s), 42 sec(s) ago)
(RTTNews) - Italy's producer prices increased for the third straight month in December, data f ...Full Story»