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STATISTICS

INDEX OF INDUSTRIAL PRODUCTION: JULY 2020

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INDEXGDPL2020-4Provisional estimates indicate that the Gross Domestic Product (GDP) for the second quarter of 2020 amounted to €2,825.2 million, registering a decrease of €494.3 million, or 14.9 per cent, when compared to the corresponding period last year. In volume terms, GDP fell by 16.2 per cent.

The National Statistics Office is carrying out a benchmark revision of National Accounts with the publication of the Gross Domestic Product for the second quarter of 2020. The enhancements brought about by the benchmark revision include the publication, for the fi rst time, of GDP data in chain-linked volumes from the production approach. Data in chain-linked volumes has been re-referenced to 2015.

When compared to July 2019, the working-day adjusted index of industrial production went down by 2.6 per cent. 

 

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