The General Index of Business Cycle in Industry (total domestic and foreign market) recorded an increase in April. Particularly, according to the clues of ELSTAT increased by 18.0% against a decrease of 7.4% that it had recorded during the corresponding comparison of 2023 with 2022.

The one in question increase came:

From the changes in the indicators of the individual sectors of the industry:

  • Increase by 41.8% of the Mining – Quarry Turnover Index. This increase came mainly from the changes in the indices of the two-digit branches: mining of mineral ores, other mines and quarries.
  • 17.8% increase in the Manufacturing Turnover Index. This increase was mainly contributed by the changes in the indices of the two-digit sectors: production of tobacco products, production of basic pharmaceutical products and pharmaceutical preparations, production of other non-metallic mineral products, food industry.

Of the changes in the indices of the individual markets:

  • 19.4% increase in the Foreign Market Turnover Index.
  • 17.2% increase in the Domestic Market Turnover Index.

Compared to the corresponding index of last Marchthe April 2024 Manufacturing Business Cycle Index, showed an increase of 10.2%.

In terms the average General Index of the twelve months May 2023 – April 2024compared to the corresponding index for the twelve months May 2022 – April 2023, showed a decrease of 4.4%, compared to an increase of 22.7% recorded when comparing the corresponding previous twelve months.