INS: industrial production, up 7 per cent at ten months

Industrial production climbed, in the first ten months of this year, compared to the same period in 2013 by 7per cent in unadjusted terms and by 8per cent in terms adjusted to the number of working days and seasonality, show the data of the National Statistics Institute.

2014-12-15 17:28:56

According to the INS, from January 1 to October 31, 2014, compared to the same period of last year, industrial production (unadjusted terms) was by 7.0per cent higher, due to the growth seen by the processing industry, by 8.4per cent, and the mining industry, by 1.0per cent. The generation and supply of electricity and thermal energy, natural gas, hot water and air conditioning decreased by 4.2per cent.

By main industrial groups, increases were recorded by most categories of goods: capital goods industry (12.7per cent), durables goods industry (9.0per cent), intermediate goods industry (4.4per cent) and consumer goods industry (4.2per cent). Energy industry went down by 2.0per cent.
Industrial production in terms adjusted to the number of working days and seasonality, in the first ten months of the year, compared to the period January 1 to October 31, 2013, went up by 8.0per cent due to growth of the processing industry by 9.5per cent, and the mining industry by 1.2per cent. The generation and supply of electricity and thermal energy, natural gas, hot water and air conditioning decreased by 3.7per cent.

By main industrial groups, increases were recorded in: capital goods industry (13.6per cent), durables industry (10.3per cent), intermediate goods industry (5.4per cent) and consumer goods industry (5.2per cent). Energy industry decreased by 1.7per cent.

According to the INS, in October 2014, industrial production (unadjusted terms) increased compared to the previous month by 5.1per cent, backed by three industrial sectors: generation and supply of electricity and thermal energy, natural gas, hot water and air conditioning (+11.7per cent), mining industry (+8.2per cent) and processing industry (+4.4per cent).

By main industrial groups, the following advances were seen: durable goods industry (10.5per cent), consumer goods industry (9.2per cent), energy industry (9.0per cent), intermediate goods industry (3. 4per cent) and capital goods one (2.7per cent).

The INS data also show that, in October 2014, industrial production (unadjusted terms) increased compared to the same month of the previous year by 3.7per cent, backed by the growth of the processing industry (5.0per cent) and mining industry (4. 9per cent). The generation and supply of electricity and thermal energy, natural gas, hot water and air conditioning decreased by 9.6per cent.