Index of industrial production increased by 13.0%

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Industrial production rose by 13.0 per cent from 91.9 points in May 2009. The production of intermediate and capital goods rose by 45.0 and 11.2 per cent respectively. On the other hand, the production of energy and consumer goods fell by 3.2 and 7.2 per cent respectively. The drop in consumer goods resulted from a 45.4 per cent decline in the production of durable goods and of 1.9 per cent in non-durable goods.

At the NACE division level, industrial production grew mainly on account of a 49.9 per cent increase in the production of computer, electronic and optical products (NACE 26). Furthermore, manufacture of pharmaceutical products (NACE 21), manufacture of textiles (NACE 13) and manufacture of beverages (NACE 11) experienced gains of 48.0, 21.9 and 5.0 per cent respectively over the corresponding month last year. On the other hand, the increase in industrial production was mitigated mainly by a decline in manufacture of food products (NACE 10), manufacture of wearing apparel (NACE 14), and the production of electricity (NACE 35), by 2.9, 29.1 and 3.9 per cent respectively over May 2009.

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