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PERFORMANCE OF INDUSTRIAL PRODUCTION INDEX The Industrial Production Index (IPI) grew by 5.4% in September 2014 compared with the same month in the previous year. The increase in September 2014 was due to the positive growth in all three indices: Manufacturing (4.7%), Mining (7.1%) and Electricity (6.2%). The IPI in August 2014 remained unchanged of 6.5% year-on-year.
In seasonally adjusted terms, the IPI in September 2014 decreased by 0.2% month-on-month due to the decreases in Manufacturing index (1.9%) and Electricity index (0.9%). Meanwhile, Mining index registered an increase of 0.2%. |
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