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Seasonally adjusted industrial turnover recorded during the fourth quarter of 2022 increased by 1.4 per cent over the previous quarter. When compared to the corresponding period of 2021, working-day adjusted industrial turnover increased by 20.5 per cent.

Quarterly comparison
During the fourth quarter of 2022, seasonally adjusted industrial turnover increased by 1.4 per cent over the previous quarter. Increases were registered in the consumer goods (3.8 per cent) and intermediate goods (2.3 per cent) respectively. On the contrary, decreases were registered in
energy (10.9 per cent) and capital goods (3.0 per cent) (Table 1).

Seasonally adjusted industrial employment increased by 0.9 per cent (Table 3). During this period, industrial hours worked increased by 1.2 per cent (Table 5) and industrial gross wages and salaries increased by 7.1 per cent (Table 7).

Annual comparison
When compared to the corresponding quarter of 2021, working-day adjusted industrial turnover increased by 20.5 per cent. Increases were registered in all the main industrial groupings. The highest increase was registered in the capital goods (27.8 per cent), followed by intermediate goods (25.8 per cent), consumer goods (19.3 per cent) and energy (0.2 per cent) (Table 2).

An increase of 1.2 per cent was recorded in the year-on-year unadjusted industrial employment (Table 4). Working-day adjusted industrial hours worked increased by 2.6 per cent (Table 6) and working-day adjusted industrial gross wages and salaries went up by 6.2 per cent (Table 8).

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