Industrial production in March down on previous month & 2015

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Industrial production in March down on previous month & 2015Seasonally adjusted industrial production decreased by 1.4 per cent in March over the previous month. When compared to March 2015, the index of industrial production adjusted for working days went down by 4.9 per cent, the National Statistics Office said today.

Decreases were registered in the production of consumer goods (4.7 per cent), energy (0.8 per cent), and capital goods (0.4 per cent). On the other hand, the production of intermediate goods went up by 0.6 per cent.

When compared to the corresponding month of 2015, the index of industrial production adjusted for working days went down by 4.9 per cent. Decreases were registered in the production of consumer goods (14.1 per cent) and energy (0.5 per cent). On the other hand, the production of capital goods and intermediate goods went up by 1.9 per cent.

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