Quarterly Index of Industrial Production (QIIP), First Quarter 2025
Highlights
(Year 2018 = 100)
The Economic and Social Indicators on Quarterly Index of Industrial Production (QIIP) aims at measuring, on a quarterly basis, the changes in the volume of real output of the Industrial Sector comprising "Mining and quarrying", "Manufacturing", "Electricity, gas, steam & air conditioning supply" and "Water supply; sewerage, waste management and remediation activities". Please find below the highlights.
In the first quarter of 2025, the overall index of industrial production decreased 18.3% compared to the previous quarter and grew by 2.6% when compared to the corresponding quarter of 2024.
The performance of the sub-sectors within the industrial sector is as follows:
|
Growth rate (%) first quarter 2025
|
|
Over corresponding quarter 2024 |
Over previous quarter |
|
Mining and quarrying |
+2.2 |
-17.8 |
|
Manufacturing |
+1.8 |
-22.2 |
|
Electricity, gas, steam & air conditioning supply |
+8.9 |
+16.9 |
|
Water supply; sewerage, waste management and remediation activities |
+0.1 |
-0.3 |
Industrial Sector |
+2.6 |
-18.3 |
The index for the year ending first quarter 2025, which is the average of quarterly indices for the period under review, grew by 1.9%. This is explained by expansions in “Electricity, gas, steam and air conditioning supply" (+4.4%), “Water supply; sewerage, waste management and remediation activities" (+1.9%) and “Manufacturing" (+1.6%).
20 June 2025
