Provisional seasonally adjusted data issued by the National Statistics Office show that industrial production decreased by 2.2 per cent in April over the previous month. When compared to the corresponding month last year, the index of industrial production adjusted for working days decreased by 0.8 per cent.
The industrial production index decreased by 2.2 per cent to 106.8 points in April. This was mainly attributable to a decline of 4.4 per cent in the production of intermediate goods. This was partly offset with positive contributions from the energy, capital goods and consumer goods sectors.
When compared to the corresponding month last year, the index of industrial production decreased by 0.8 per cent, reflected in declines of 3.6, 0.1 and 0.9 per cent in the production of intermediate goods, energy, and consumer goods respectively. The overall decline was mitigated by an increase of 21.8 per cent in the production of capital goods.