Industrial production up by 1.5% in March

The volume of industrial production has increased by 1.5% in March, 2017 compared to the same month in 2016.

Among the manufacturing industries, volume of products of ‘other non-metallic mineral products’ (21.5%), ‘wearing apparels’(5.9%) and ‘food product’(5.8%) have shown remarkable increases in productions during the month of March, 2017 compared to that of March, 2016.

The increase in volume of production of non-metallic mineral products industry could be attributed to the growth of construction industry in the reason past.

The manufacturing industries, ‘coke and refined petroleum products’ (17.3%), ‘wood and products of wood’ (16.5%) and ‘chemical and chemical products’ (15.1%) reported decreases during this period.

The industrial production of the manufacturing sector for the first quarter of 2017 has increased by 1.1% compared to the same quarter in 2016.