April’s industrial production down 7.3% on previous month & by 12.8% on 2013

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April's industrial production down 7.3% on previous month & by 12.8% on 2013Seasonally adjusted industrial production decreased by 7.3 per cent in April over the previous month. When compared to April 2013, the index of industrial production adjusted for working days went down by 12.8 per cent, the National Statistics Office said today.

In April, the overall seasonally adjusted index of industrial production decreased by 7.3 per cent to 91.0 points. Decreases were registered in the production of intermediate goods (-13.4 per cent) and consumer goods (-7.6 per cent). On the other hand, increases were registered in the production of capital goods (+2.3 per cent) and energy (+1.0 per cent).

When compared to the corresponding month last year, the index of industrial production adjusted for working days went down by 12.8 per cent. Decreases were registered in the production of intermediate goods (-21.5 per cent), consumer goods (-16.8 per cent) and energy (-0.5 per cent), while an increase was registered in the production of capital goods (+5.6 per cent).

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