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Industrial production down 13 percent in Q1


The industrial production (gross series) in Q1 2009 went down 13 percent compared to the same period of the previous year, according to a release issued by the National Statistics Institute (INS).

The decrease of industrial production in the first three months of 2009 was prompted by the reductions registered in processing industry, by 15.2 percent, the production and supply of electricity and heat, natural gas, warm water and air conditioning, down by 2.5 percent and by the extractive industry, which went down 1.8 percent.

On big industrial groups reductions were reported at all the categories of goods. The industry of intermediary goods went down by 18.7 percent, the industry of consumer goods by 8.9 percent and the energy industry went down by 5 percent.

The industrial production, adjusted series depending on the number of working days and seasonability was lower by 11.8 percent in Q1, 2009, compared to Q1, 2008, because of the shrinkage in the processing industry by 15.6 percent and electricity and heat by 2.8 percent. The extractive industry grew 0.3 percent.

In March 2009, the industrial production (gross series) went down as against the same months of the previous year by 8.5 percent, a decrease prompted by all the three industrial sectors. The processing industry shrank 9.6 percent, the extractive industry by 4.5 percent and the production and supply of electricity and heat, natural gas, warm water and air conditioning by 2.3 percent.


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