General Industrial Production Index (IPI) increased by 1.1% in March compared to the same month of 2021, rate three points lower than the previous month, As reported this Friday by the National Institute of Statistics (INE).
Industrial production chains with the progress of March five-month positive annual rates After increases of 5.5% and 3.1% in November and December 2021, respectively, and advances of 4.3% and 4.1% in January and February 2022.
All sectors increased their production in March, except for the sectors. intermediate goodswhich decreased by 3.2% year-on-year. The most significant increases were in non-durable goods (+6.2%) and durable goods (+3.5%), followed by energy (+2.8%) and consumer goods (+0.4%).
Fixed from: seasonal and calendar effects, Industrial production practically stagnated, increasing just 0.1% year-on-year compared to March 2021, in contrast to the 2.8% recovery in February.
on a monthly basis (March to February) and within the adjusted series, industrial production fell 1.8% to record its biggest monthly decline since May 2021, when it fell 2%.
Source: Informacion
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