Manufacturing and power bring industrial production up

Newsroom 11/08/2015 | 12:38

In June 2015, the industrial production rose by 2.6 percent as gross series compared to the previous month and by 0.6 percent as series adjusted by number of working days and seasonality, according to data by the National Institute for Statistics.

As gross series, manufacturing went up 3.1 percent and electricity, gas, steam and air conditioning supply rose by 1.8 percent. On the other hand, mining dropped by 9.0 percent.

As adjusted series, power production rose by 2.3 percent, while mining and manufacturing dropped by 2.5 percent and by 1.7 percent, respectively.

Compared to the same month of the previous year, industrial production, gross series, increased by 3.1 percent due to rises in the electricity, gas, steam and air conditioning supply (+4.9 percent) and in manufacturing (+3.2 percent). Mining and quarrying dropped by 4.7 percent.

As adjusted series, it increased by 2.7 percent. The electricity, gas, steam and air conditioning supply and manufacturing rose by 5.0 percent and by 0.9 percent while the mining and quarrying dropped by 5.9 percent.

Gross series of industrial production in H1 2015 against H1 2014 went up 2.3 percent due to a rise in manufacturing (+2.9 percent). Mining and power supply dropped by 5.6 percent and by 0.6 percent, respectively.

Industrial production as adjusted series rose by 3.1 percent year on year due to an increase in manufacturing (+3.5 percent). Mining and quarrying dropped by 5.2 percent, and the electricity, gas, steam and air conditioning supply remained at the same level.