Industrial production index down by 1.7% in September 2020

In September 2020, the seasonally adjusted index of industrial production decreased by 1.7% over the previous month, according to the latest statistics published by NSO, the National Statistics Office.

The largest decrease was registered in the production of capital goods, 5.0%, followed by a decrease of 1.2% in the production of consumer goods. Production of intermediate goods and energy increased by 1.6% and 0.1% respectively.

The data shows that when compared to September 2019, the working-day adjusted index of industrial production went down by 3.2%.

Photo by: NSO – Annual working-day adjusted variation

Decreases in production were registered in all the main industrial groupings except for energy which registered an increase of 1.8%. Production of capital goods, consumer goods and intermediate goods decreased by 8.3%, 3.5% and 1.3% respectively.