Provisional seasonally adjusted data provided by the National Statistics Office today show that industrial production increased by 1.7 per cent in December over the previous month.

Industrial production adjusted for working days rose by 10.2 per cent when compared to the corresponding month of 2011.

The industrial production index went up by 1.7 per cent to 110.2 points in December 2012. The production of intermediate, capital and consumer goods rose by 2.1, 1.6 and 0.4 per cent respectively. On the other hand, a decrease of 0.9 per cent was registered in the production of energy.

When compared to the corresponding month in 2011, the index of industrial production increased by 10.2 per cent. All main industrial groupings contributed to this increase, with the production of intermediate and consumer goods advancing by 12.5 and 10.7 per cent respectively.

These two main industrial groupings account for more than 78 per cent of industrial production.

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