Industrial production quantities index up 1pct in 2 months
The General Industrial Production Quantities index edged up by 1.4 percent in the first two months of 2023, totaling 88.41 points against 87.14 in the same period of 2022.
The growth was mainly attributed to a 1.15 percent increase in quantities of manufacturing industries, in addition to 4.22 percent in extractive industries and 1.84 percent in electricity, according to the Department of Statistics' (DoS) monthly report issued Wednesday.
The report indicated a 0.77 percent rise in the index during February 2023, going up to 85.84 points compared to 85.07 in February last year.
The monthly boost was due to manufacturing industries inching up by 0.07 percent, extractive industries by 5.52 percent, and electricity by 7.10 percent in the same month.
The General Industrial Production Quantities index edged up by 1.4 percent in the first two months of 2023, totaling 88.41 points against 87.14 in the same period of 2022.
The growth was mainly attributed to a 1.15 percent increase in quantities of manufacturing industries, in addition to 4.22 percent in extractive industries and 1.84 percent in electricity, according to the Department of Statistics' (DoS) monthly report issued Wednesday.
The report indicated a 0.77 percent rise in the index during February 2023, going up to 85.84 points compared to 85.07 in February last year.
The monthly boost was due to manufacturing industries inching up by 0.07 percent, extractive industries by 5.52 percent, and electricity by 7.10 percent in the same month.
The General Industrial Production Quantities index edged up by 1.4 percent in the first two months of 2023, totaling 88.41 points against 87.14 in the same period of 2022.
The growth was mainly attributed to a 1.15 percent increase in quantities of manufacturing industries, in addition to 4.22 percent in extractive industries and 1.84 percent in electricity, according to the Department of Statistics' (DoS) monthly report issued Wednesday.
The report indicated a 0.77 percent rise in the index during February 2023, going up to 85.84 points compared to 85.07 in February last year.
The monthly boost was due to manufacturing industries inching up by 0.07 percent, extractive industries by 5.52 percent, and electricity by 7.10 percent in the same month.
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Industrial production quantities index up 1pct in 2 months
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