Industrial Output up 39.1% in May
- 8 Jul 2021 8:02 AM
Industrial output in May increased by an annual 39.1% from a low base, the Central Statistical Office said (KSH) on Wednesday.
Working day-adjusted output was up 40.2%, while compared with April output was up 3.4% based on seasonally and working day-adjusted data.
In the first five months of the year, output grew by an annual 18.1%.
All manufacturing sectors contributed to the growth, in particular vehicle production on the back of a low base due to factory shutdowns in May the previous year.
Output of computer, electronics, optical products and food, beverages and tobacco products went up below the industrial average.
Click here to read the full report on KSH's website
LATEST NEWS IN business