Industrial output up 11.9 pc year-on-year in January

Industrial production fell 3.7 per cent in January from December 2010, yet rose 11.9 per cent from January a year ago, according to data supplied by the National Institute of Statistics (INS).

Industrial output according to the number of working days and the season increased 1.0 per cent compared to Dec. 2010 and 10.6 per cent from January the same year. The declining sectors included consumer goods, down 16.9 per cent, durable goods, 5.5 per cent, and by-products, 1.7 per cent.

The power and capital goods sectors soared 1.2 per cent and 0.5 per cent respectively. INS also reported that end consumer electricity consumption was up 4 per cent from January of last year, to 4.661 bln KWh, and electric power resources climbed 10.2 per cent.

During the interval examined, end consumer electricity consumption was up 3 per cent, while public lighting was down 7 per cent. Also, constructions volume adjusted to the number of working days and season fell 10.2 per cent in January from the year-earlier period, and gross consumption, 8.5 per cent.

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Source: Nine O'Clock