Provisional data shows that the October index of industrial production increased by 3.9 per cent when compared with September 2009 but declined by 6.2 per cent when compared to the corresponding month of 2008.

Monthly comparison

When comparing October 2009 to the previous month, the index of industrial production went up by 3.9 per cent to 107.4 points. The production of capital goods added 33.9 per cent, whereas Consumer Durables and Consumer non-Durables rose by 5.9 and 2.8 per cent respectively. Similarly, the production of Intermediate Goods rose by 2.9 per cent. On the other hand, the production of Energy fell by 10.5 per cent.

Annual comparison

Year-on-year data show that industrial production fell by 6.2 per cent, from 114.5 points in October 2008. Industrial production declined on account of a drop in production in all the main industrial groupings, except the production of Intermediate Goods, which rose by 3.8 per cent. These declines ranged from 4.1 per cent in the production of Energy to 16.7 per cent drop in the production of Capital Goods.

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