In the first three months of this year, the volume of industrial production increased by double digit figures. April didn't lag behind and the growth rate accelerated to 14% y/y. Cars, machines and electronics, IT, etc. are behind this growth. These good results also contributed positively to the labor market. In industrial segments, wages and employment are increasing. Another important factor is that unit wage costs are further decreasing. On the other hand, contracts are indicating a gradual slowdown in this strong rate of growth in industrial production over the coming months.