Seasonally adjusted industrial production drops by 1.4% in March

Seasonally adjusted industrial production decreased by 1.4 % in March over February, but when compared to March 2015, the index of industrial production adjusted for working days went down by 4.9%.

The seasonally adjusted index of industrial production decreased by 1.4 per cent in March 2015, according to NSO data. According to the data. decreases were registered in the production of consumer goods with 4.7 per cent, energy  with 0.8 per cent, and capital goods  with 0.4 per cent.

Production of intermediate goods on the other hand went up by 0.6 per cent.

Figures show that when compared to the corresponding month of 2015, the index of industrial production adjusted for working days went down by 4.9 per cent, with decreases registered in the production of consumer goods at 14.1 per cent and energy at0.5 per cent.

According to the data, the production of capital goods and intermediate goods went up by 1.9 per cent on the other hand.