Industry has one of the most important positions in Macedonian economic growth. Industry’s rapid development is one of the most significant drivers of economic growth, the change in socio-economic relations, and population way of life, growing interest in technological advancement, etc.

Industrial production volume index, July 2020

The industrial volume index in July 2020, compared to July 2019, was 90.5 according to the State Statistical Office data.

Industrial production in the Mining and Quarrying sector decreased by 36.1% in July 2020 compared to July 2019, while decreased by 2.6% in the Electricity, Gas, Steam and Air Conditioning sector.

The index of industrial output in the period January – July 2020, was 86.2 compared to January – July 2019.

(*Official data are gathered by the State Statistical Office of the Republic of North Macedonia).