In November 2024, the industrial output (formal sector) increased by 14.7 percent compared to November 2023, against an increase of 8.6 percent on annual average basis.
The output of manufacturing activities increased by 18.4 percent. The increase in manufacturing activities is due to a 26.3 percent increase in food processing and a 16.6 percent increase in manufacturing of beverages and tobacco products. However, manufacturing of textiles, clothing & leather decreased by 39.5 percent.
Activities performed as follows:
- Mining and quarrying increased by 45.2 percent
- Manufacturing increased by 18.4 percent
- Electricity increased by 9.6 percent;
- Water & waste management increased by 12.8 percent