On a non-adjusted comparison basis, industrial output fell by 2.7% year-on-year in the review period, INS said in a press release.
In March alone, industrial production grew by an adjusted 2.8% on the year while increasing by an adjusted 3.9% on the month. In unadjusted terms, industrial output fell by 4.2% on the year and was up 8.1% on the month.
Industrial output, breakdown by industry (pct change, adjusted):
March y/y | Feb y/y | March m/m | Feb m/m | Jan-March y/y | |
Industrial production | +2.8 | -2.2 | +3.9 | +2.7 | -0.9 |
-mining | -1.6 | +2.5 | -2.2 | +8.4 | -2.1 |
-manufacturing | +3.7 | -2.2 | +5.0 | +3.1 | -0.6 |
-electricity | -1.1 | -5.7 | +1.0 | -2.8 | -3.0 |
Source: INS