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Seasonally adjusted industrial turnover recorded during the third quarter of 2022 increased by 8.1 per cent over the previous quarter. When compared to the corresponding period of 2021, working-day adjusted industrial turnover increased by 21.6 per cent.

Short-term Industrial Indicators: Q3/2022

Quarterly comparison During the third quarter of 2022, seasonally adjusted industrial turnover increased by 8.1 per cent over the previous quarter. Increases were registered in capital goods (13.6 per cent), intermediate goods (7.5 per cent), consumer goods (6.0 per cent) and energy (4.5 per cent) (Table 1).

Seasonally adjusted industrial employment increased by 0.2 per cent (Table 3). During this period, industrial hours worked decreased by 0.6 per cent (Table 5) and industrial gross wages and salaries decreased by 1.3 per cent (Table 7).

Annual comparison

When compared to the corresponding quarter of 2021, working-day adjusted industrial turnover increased by 21.6 per cent. Increases were registered in all the main industrial groupings. The highest increase was registered in the intermediate goods (31.8 per cent), followed by capital goods (28.1 per cent), consumer goods (13.2 per cent) and energy (10.6 per cent) (Table 2).

An increase of 0.2 per cent was recorded in the year-on-year unadjusted industrial employment (Table 4). Working-day adjusted industrial hours worked increased by 3.6 per cent (Table 6) and working-day adjusted industrial gross wages and salaries went up by 8.1 per cent (Table 8).

WRITTEN BY NSO

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