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And good numbers? Industrial production fell 0.9% in January, due to strong mining



In January, the National Statistics Institute (INE) reported that the Industrial Production Index (IPI) grew by 0.9% in the twelve months as a result of the two falls in the three sectors that make up.

The Mining Production Index (IPM) fell by 4.8% year-on-year and had an impact of -2.072 percentage points (IPI). For this reason, regarding IPI variation, it was created as a result of the reduction of three types of mining. Metal mining was the most affected, -4,638 percentage points, when it contracted 4.8% in the twelve-month period.

Electricity, gas and water production index (IPEGA) lost almost zero monthly losses (-0.01%) and affected -0.001 pp. According to the IPI change, two of the compiled three fell. Electricity has had negative effects (-1.758 points), with a 2.5% reduction.

The Production Production Index (IPM), with a 2.7% growth and 1,198 points. IPI variation. This result was largely an inter-annual growth of 53.8% in the manufacture of pharmaceutical products, medicinal products and botanical products, and reached 1,044 points. IPM variation.


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