September Industrial Production Index Up 1.6% from August

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September Industrial Production Index Up 1.6% from August

The Industrial Production Index increased 1.6 per cent in September from August, according to preliminary figures of the National Statistical Institute.

The September Industrial Production Index was up 9.3 per cent from a year earlier.

The seasonally adjusted Industrial Production Index in the mining and quarrying industry increased by 3.1 per cent, in manufacturing by 2.8 per cent. A 4.1 per cent drop was registered in electricity, gas, steam and air conditioning supply .

The most significant increases in the manufacturing industry were registered in furniture manufacture (11.4 per cent), in the printing and reproduction of recorded media (9.2 per cent), tobacco products (7.3 per cent), fabricated metal products except machinery and equipment (6.9 per cent), and textiles except apparel (6.5 per cent).

A drop was registered in the repair and installation of machinery and equipment (24.5 per cent) and in the manufacture of paper and paper products (1.4 per cent).

Year on year, the September Industrial Production Index rose in the mining and quarrying industry by 17.8 per cent and in the manufacturing industry by 13.0 per cent. A decrease by 3.6 per cent was reported for electricity, gas, steam and air conditioning supply.

Increases were registered in the production of intermediate goods by 18.0 per cent, in the production of investment goods by 11.3 per cent and in the production of energy by 1.6 per cent.

Source: BTA

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