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October’s industrial production decreased by 7.0% on last year – NSO

October's industrial production decreased by 7.0% on last year - NSOProvisional seasonally adjusted industrial production decreased by 7.0 per cent in October over the previous month. Compared to the corresponding month last year, the index of industrial production adjusted for working days dropped by 13.3 per cent, the National Statistics Office said toda.

In October, industrial production decreased by 7.0 per cent to 95.0 points. This was mainly due to declines in the production of intermediate and consumer goods by 13.9 and 6.9 per cent respectively.

On the other hand, the production of energy went up by 3.9 per cent. During October, the production of capital goods remained stable.

When compared to the corresponding month last year, the index of industrial production fell by 13.3 per cent.

Decreases were registered in the production of intermediate goods (-22.0 per cent), energy (-3.5 per cent) and consumer goods (-14.7 per cent).

On the other hand, the production of capital goods went up by 6.1 per cent.

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