31 January 2010

Macedonian Industrial Output up 20%

Macedonia’s industrial output increased 20% in December 2009 compared with the same month last year, State Statistical Office said on Wednesday.
The rise in industrial output was recorded in the sectors: recycling, production of metal goods, production of basic metals etc. A more serious drop was recorded in the sectors: furniture production, vehicle production, publishing, printing and reproduction.
Due to the increase of the industrial output in December, the cumulative drop of the industrial output index has decreased to 7.7 for 2009.
A year ago, the industrial output went down. The first increase of 4.3% was registered in November of 2009. The drop of the industrial output was the key factor for GDP drop and therefore helped Macedonia to come out of recession.

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