Industrial production up on the month, but down on last year – NSO

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Industrial production up on the month, but down on last year - NSOSeasonally adjusted industrial production increased by 0.6 per cent in May over the previous month. When compared to May 2013, the index of industrial production adjusted for working days went down by 11.3 per cent, the National Statistics Office said today.

In May, the overall seasonally adjusted index of industrial production increased by 0.6 per cent to 91.2 points. Decreases were registered in the production of intermediate goods (-3.6 per cent) and energy (-1.0 per cent).

On the other hand, increases were registered in the production of consumer goods (+2.8 per cent) and capital goods (+0.5 per cent).

When compared to the corresponding month last year, the index of industrial production adjusted for working days went down by 11.3 per cent. Decreases were registered in the production of intermediate goods (-21.0 per cent), consumer goods (-13.3 per cent) and energy (-1.9 per cent), while the production of capital goods increased by 3.6 per cent.

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