Provisional data released by the National Statistics Office show that industrial production increased by 0.6 per cent in October over the corresponding month last year.

In October, industrial production increased by 0.6 per cent from 103.8 points in October of the previous year. This increase was driven by capital goods which advanced by 12.0 per cent. Intermediate goods and energy rose by 0.3 and 1.4 per cent respectively. On the other hand, consumer goods fell by 3.1 per cent.

At the NACE division level, the manufacture of computer, electronic and optical products increased by 0.1 per cent. Further increases were registered in the manufacture of textiles, printing and reproduction of recorded media, manufacture of chemicals and chemical products, other manufacturing and electricity, gas, steam and air conditioning supply. In contrast, the manufacture of food products, manufacture of wearing apparel, manufacture of basic pharmaceutical products and pharmaceutical preparations, and manufacture of rubber and plastic products all registered declines over the comparative month last year.

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