Tuesday, May 10, 2011

Industrial production down 8.0% in March

Industrial production dropped 8.0 percent in March this year, with manufacturing production falling 10.3 percent in the month, Hellenic Statistical Authority said on Tuesday. 
 
The statistics service, in a report, said the industrial production composite index fell 8.0 percent in March after falling by 3.5 percent in March 2010. 
 
The statistics service attributed this decline to: an increase of mining production by 5.5 percent, a decline of manufacturing production by 10.3 percent (reflecting a 33.5 percent drop in clothing, a 21 percent fall in oil production, a 37.1 percent drop in non-metal minerals and a 22.2 percent fall in furniture production), a 4.4 percent decline in electricity production and a 4.6 percent fall in water production. 







ANA-MPA