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Industrial production down on last month & last year

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Industrial production down on last month & last yearSeasonally adjusted industrial production decreased by 1.6 per cent in October over the previous month. When compared to September 2016, the index of industrial production adjusted for working days went down by 5.2 per cent, The National Statistics Office said today.

Decreases were registered in the production of intermediate goods (3.0 per cent) and consumer goods (2.0 per cent). On the other hand, the production of energy and capital goods went up by 4.2 and 0.2 per cent respectively.

When compared to the corresponding month of 2015, the index of industrial production adjusted for working days went down by 5.2 per cent. Decreases were registered in the production of consumer goods (15.9 per cent), capital goods (1.4 per cent) and intermediate goods (0.1 per cent). On the other hand, the production of energy went up by 4.7 per cent.

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