IIP increases in May 2017

July, 14, 2017

The Index of Industrial Production (IIP) has increased by 2.3 percent in May 2017 compared to the same month in 2016.

Among the manufacturing industries; Volume of products of ‘Fabricated Metal Product’ (21.6%),‘Furniture’ (15.4%) and ‘Basic metal products’ (14.0%) have shown remarkable increases in May, 2017 compared to that of May, 2016 while the volume of food products has increased by 0.1 percent.

 

The manufacturing industries;Volume of ‘Chemical and Chemical products’, ‘Tobacco product’ and ‘Beverages’ reported decreases by 21.0 percent, 6.1 percent and 5.7 percent respectively during this period.

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