Provisional seasonally adjusted data show that in January, industrial production increased by 3.3 per cent over the previous month. Over the corresponding month last year, working-day adjusted industrial production fell by 3.3 per cent.

Compared to the previous month, the index of industrial production increased by 3.3 per cent to 102.5 points. The production of intermediate goods, energy, capital goods and consumer goods in January increased by 9.3, 1.7, 5.1 and 1.5 per cent respectively.

When compared to the corresponding month last year, the index of industrial production decreased by 3.3 per cent. While the production of intermediate and consumer goods declined by 2.8 and 13.8 per cent respectively, the production of energy and capital goods increased by 4.9 and 16.5 per cent.

Note: From this release the index of industrial production is being published in seasonally adjusted format. Hence, the indices in this and subsequent releases are not comparable with the unadjusted indices disseminated in previous news releases.

These figures come from the National Statistics Office.

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