The General Industrial Production Index (IPI) rose a median of two.4% in 2022, under what it did in 2021, an atypical 12 months after the return to normality as a result of finish of the restrictions within the face of the pandemic, has reported this Tuesday the National Institute of Statistics (INE).
Thus, with the advance of 2022, industrial manufacturing chains two consecutive years of progress after the rebound of seven.1% registered in 2021 and in comparison with the 9.2% collapse that it suffered in 2020 as a result of outbreak of Covid.
Except for 2021, the two.4% improve in manufacturing within the industrial sector registered in 2022 is the best since 2017, when it rose a median of two.9%.
In 2022 all sectors elevated their manufacturing, besides intermediate items, which reduce it by 1.9%. The most important will increase occurred in capital items (+5.8%) and power (+4.1%), adopted by non-durable client items (+3.5%) and sturdy consumption (+2.7%).
Corrected for seasonal and calendar results, industrial manufacturing elevated by 2.9% in 2022, with will increase in all sectors, besides intermediate items (-1.6%). The largest improve was recorded by capital items, the place manufacturing rose a median of 6.5% in 2022.
In the final month of 2022, industrial manufacturing plummeted 3.4% in comparison with December of the earlier 12 months, thus registering its second consecutive year-on-year decline and essentially the most pronounced since February 2021, when it fell 3.6%.
In month-to-month phrases (December 2022 in comparison with November of the identical 12 months) and throughout the corrected sequence, industrial manufacturing elevated by 0.8% after three consecutive months of falls. The one in December 2022 is its greatest month-to-month rebound since June 2022, when the manufacturing of the commercial sector grew by 1.1%.