Industrial production index increases by 2.9% during May 2020

In May 2020, the seasonally adjusted index of industrial production increased by 2.9%. According to statistics published by the National Statistics Office, NSO, production of consumer goods and capital goods increased by 7.5% and 2.3% respectively.

On the other hand, decreases were registered in the production of intermediate goods, 2.4% and energy, 0.1%.

When compared to May 2019, the working-day adjusted index of industrial production decreased by 4.5%. Decreases in production were registered in all main industrial groupings except for consumer goods.

Production of capital goods, intermediate goods and energy decreased by 15.0%, 8.7% and 0.5% respectively. On the other hand, production of consumer goods increased by 1.6%.