09 March 2011 16:41 [Source: ICIS news]
January’s increase comes after a 0.6% decline in December 2010 from November. The ministry revised December production sharply upward, after initially reporting a 1.5% decline in December from November, it said.
On a two-month sequential comparison – December/January versus October/November – production rose 0.1%.
Compared with the same two months a year ago, production was up 11.8%, the ministry added.
The ministry also said that industrial orders in January rose 2.9% from December, after a revised 3.6% decline in December from November.
Industrial firms are in a good mood, as shown by recent surveys, the ministry said.
“Firms’ capacity utilisation is above average, order books are filled, and production clearly remains on an upward trend,” it added.
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